Grand Gulf Energy Balance Sheet Health
Financial Health criteria checks 4/6
Grand Gulf Energy has a total shareholder equity of A$23.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$24.2M and A$912.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.53m |
Equity | AU$23.27m |
Total liabilities | AU$912.20k |
Total assets | AU$24.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GGE's short term assets (A$2.1M) exceed its short term liabilities (A$615.2K).
Long Term Liabilities: GGE's short term assets (A$2.1M) exceed its long term liabilities (A$297.0K).
Debt to Equity History and Analysis
Debt Level: GGE is debt free.
Reducing Debt: GGE had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GGE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GGE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 66% each year