Global Health Financial Health

Financial Health criteria checks 3/6

Global Health has a total shareholder equity of A$3.7M and total debt of A$72.0K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are A$8.7M and A$5.0M respectively.

Key information

1.9%

Debt to equity ratio

AU$72.00k

Debt

Interest coverage ration/a
CashAU$3.32m
EquityAU$3.70m
Total liabilitiesAU$5.00m
Total assetsAU$8.70m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GLH's short term assets (A$4.1M) do not cover its short term liabilities (A$4.9M).

Long Term Liabilities: GLH's short term assets (A$4.1M) exceed its long term liabilities (A$118.9K).


Debt to Equity History and Analysis

Debt Level: GLH has more cash than its total debt.

Reducing Debt: GLH's debt to equity ratio has reduced from 28.7% to 1.9% over the 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: GLH has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GLH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.8% each year


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