GreenPower Motor Balance Sheet Health
Financial Health criteria checks 6/6
GreenPower Motor has a total shareholder equity of $18.1M and total debt of $11.1M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are $50.2M and $32.1M respectively.
Key information
61.7%
Debt to equity ratio
US$11.13m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.96m |
| Equity | US$18.05m |
| Total liabilities | US$32.11m |
| Total assets | US$50.16m |
Recent financial health updates
Does GreenPower Motor (CVE:GPV) Have A Healthy Balance Sheet?
Feb 13
Auditors Have Doubts About GreenPower Motor (CVE:GPV)
Jul 22Would GreenPower Motor (CVE:GPV) Be Better Off With Less Debt?
Jan 10Health Check: How Prudently Does GreenPower Motor (CVE:GPV) Use Debt?
Aug 15Recent updates
Market Cool On GreenPower Motor Company Inc.'s (CVE:GPV) Revenues Pushing Shares 27% Lower
Feb 25Does GreenPower Motor (CVE:GPV) Have A Healthy Balance Sheet?
Feb 13Investors Aren't Entirely Convinced By GreenPower Motor Company Inc.'s (CVE:GPV) Revenues
Nov 06Auditors Have Doubts About GreenPower Motor (CVE:GPV)
Jul 22Would GreenPower Motor (CVE:GPV) Be Better Off With Less Debt?
Jan 10Health Check: How Prudently Does GreenPower Motor (CVE:GPV) Use Debt?
Aug 15Are Investors Undervaluing GreenPower Motor Company Inc. (CVE:GPV) By 46%?
May 03When Can We Expect A Profit From GreenPower Motor Company Inc. (CVE:GPV)?
Mar 02Did GreenPower Motor Company Inc. (CVE:GPV) Insiders Buy Up More Shares?
Feb 04An Intrinsic Calculation For GreenPower Motor Company Inc. (CVE:GPV) Suggests It's 28% Undervalued
Jan 08What Type Of Shareholders Own The Most Number of GreenPower Motor Company Inc. (CVE:GPV) Shares?
Dec 16
Financial Position Analysis
Short Term Liabilities: GPV's short term assets ($41.9M) exceed its short term liabilities ($22.5M).
Long Term Liabilities: GPV's short term assets ($41.9M) exceed its long term liabilities ($9.6M).
Debt to Equity History and Analysis
Debt Level: GPV's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: GPV's debt to equity ratio has reduced from 2054.2% to 61.7% 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: Whilst unprofitable GPV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GPV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.3% per year.