GBM Resources Balance Sheet Health
Financial Health criteria checks 3/6
GBM Resources has a total shareholder equity of A$38.5M and total debt of A$7.5M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are A$61.3M and A$22.8M respectively.
Key information
19.3%
Debt to equity ratio
AU$7.45m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.09m |
Equity | AU$38.51m |
Total liabilities | AU$22.78m |
Total assets | AU$61.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBZ's short term assets (A$2.5M) do not cover its short term liabilities (A$9.3M).
Long Term Liabilities: GBZ's short term assets (A$2.5M) do not cover its long term liabilities (A$13.5M).
Debt to Equity History and Analysis
Debt Level: GBZ's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: GBZ's debt to equity ratio has increased from 0% to 19.3% 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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GBZ is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.