GBLT Balance Sheet Health
Financial Health criteria checks 2/6
GBLT has a total shareholder equity of €-1.0M and total debt of €2.6M, which brings its debt-to-equity ratio to -247.9%. Its total assets and total liabilities are €8.6M and €9.7M respectively.
Key information
-247.9%
Debt to equity ratio
€2.57m
Debt
| Interest coverage ratio | n/a |
| Cash | €335.93k |
| Equity | -€1.04m |
| Total liabilities | €9.68m |
| Total assets | €8.64m |
Recent financial health updates
Here's Why GBLT (CVE:GBLT) Has A Meaningful Debt Burden
Dec 01
Is GBLT (CVE:GBLT) Using Too Much Debt?
Sep 01Here's Why GBLT (CVE:GBLT) Is Weighed Down By Its Debt Load
Mar 17GBLT (CVE:GBLT) Has A Somewhat Strained Balance Sheet
Nov 29Recent updates
GBLT Corp.'s (CVE:GBLT) 36% Dip In Price Shows Sentiment Is Matching Revenues
Jan 27Here's Why GBLT (CVE:GBLT) Has Caught The Eye Of Investors
May 04If EPS Growth Is Important To You, GBLT (CVE:GBLT) Presents An Opportunity
Jan 28GBLT Corp.'s (CVE:GBLT) Share Price Could Signal Some Risk
Dec 29Here's Why GBLT (CVE:GBLT) Has A Meaningful Debt Burden
Dec 01Is GBLT (CVE:GBLT) Using Too Much Debt?
Sep 01Here's Why GBLT (CVE:GBLT) Is Weighed Down By Its Debt Load
Mar 17GBLT (CVE:GBLT) Has A Somewhat Strained Balance Sheet
Nov 29GBLT (CVE:GBLT) Seems To Use Debt Quite Sensibly
Aug 27GBLT (CVE:GBLT) Has A Pretty Healthy Balance Sheet
Dec 28
Financial Position Analysis
Short Term Liabilities: GBLT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GBLT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GBLT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GBLT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable GBLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GBLT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.7% per year.