Gratifii Balance Sheet Health
Financial Health criteria checks 5/6
Gratifii has a total shareholder equity of A$7.9M and total debt of A$1.6M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are A$18.6M and A$10.6M respectively.
Key information
20.7%
Debt to equity ratio
AU$1.64m
Debt
Interest coverage ratio | n/a |
Cash | AU$692.10k |
Equity | AU$7.92m |
Total liabilities | AU$10.64m |
Total assets | AU$18.56m |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Gratifii Limited (ASX:GTI) Stock Yet As It Plummets 29%
Mar 26Gratifii Limited (ASX:GTI) Stock's 40% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 06Even With A 57% Surge, Cautious Investors Are Not Rewarding Gratifii Limited's (ASX:GTI) Performance Completely
Dec 18Gratifii Limited (ASX:GTI) Could Be Riskier Than It Looks
Jun 14Financial Position Analysis
Short Term Liabilities: GTI's short term assets (A$4.0M) do not cover its short term liabilities (A$9.5M).
Long Term Liabilities: GTI's short term assets (A$4.0M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: GTI's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: GTI's debt to equity ratio has reduced from 132.2% to 20.7% 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: GTI has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GTI is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.