GBM Resources Balance Sheet Health
Financial Health criteria checks 2/6
GBM Resources has a total shareholder equity of A$39.4M and total debt of A$6.0M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are A$61.1M and A$21.7M respectively.
Key information
15.3%
Debt to equity ratio
AU$6.02m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.62m |
| Equity | AU$39.39m |
| Total liabilities | AU$21.74m |
| Total assets | AU$61.14m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBZ's short term assets (A$10.2M) exceed its short term liabilities (A$6.7M).
Long Term Liabilities: GBZ's short term assets (A$10.2M) do not cover its long term liabilities (A$15.0M).
Debt to Equity History and Analysis
Debt Level: GBZ's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: GBZ's debt to equity ratio has increased from 3.9% to 15.3% 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: GBZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GBZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.4% each year