Gratifii Balance Sheet Health
Financial Health criteria checks 3/6
Gratifii has a total shareholder equity of A$1.5M and total debt of A$1.9M, which brings its debt-to-equity ratio to 127.2%. Its total assets and total liabilities are A$13.7M and A$12.3M respectively.
Key information
127.2%
Debt to equity ratio
AU$1.86m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$579.39k |
| Equity | AU$1.46m |
| Total liabilities | AU$12.27m |
| Total assets | AU$13.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTI's short term assets (A$2.6M) do not cover its short term liabilities (A$11.4M).
Long Term Liabilities: GTI's short term assets (A$2.6M) exceed its long term liabilities (A$901.5K).
Debt to Equity History and Analysis
Debt Level: GTI's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: GTI's debt to equity ratio has reduced from 200.7% to 127.2% 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: Insufficient data to determine if GTI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.