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Global Oil & Gas Balance Sheet Health
Financial Health criteria checks 5/6
Global Oil & Gas has a total shareholder equity of A$5.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.0M and A$458.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.21m |
| Equity | AU$5.58m |
| Total liabilities | AU$458.07k |
| Total assets | AU$6.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLVDB's short term assets (A$2.1M) exceed its short term liabilities (A$395.7K).
Long Term Liabilities: GLVDB's short term assets (A$2.1M) exceed its long term liabilities (A$62.4K).
Debt to Equity History and Analysis
Debt Level: GLVDB is debt free.
Reducing Debt: GLVDB has not had any debt for past 5 years.
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: GLVDB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GLVDB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.3% each year