GreenPower Motor Balance Sheet Health
Financial Health criteria checks 5/6
GreenPower Motor has a total shareholder equity of $4.2M and total debt of $14.4M, which brings its debt-to-equity ratio to 346.4%. Its total assets and total liabilities are $39.4M and $35.2M respectively.
Key information
346.4%
Debt to equity ratio
US$14.39m
Debt
| Interest coverage ratio | n/a |
| Cash | US$116.91k |
| Equity | US$4.15m |
| Total liabilities | US$35.22m |
| Total assets | US$39.37m |
Recent financial health updates
GreenPower Motor (CVE:GPV) Has Debt But No Earnings; Should You Worry?
Oct 26
Does GreenPower Motor (CVE:GPV) Have A Healthy Balance Sheet?
Feb 13Auditors 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
GreenPower Motor Company Inc. (CVE:GPV) Might Not Be As Mispriced As It Looks After Plunging 26%
Oct 31GreenPower Motor (CVE:GPV) Has Debt But No Earnings; Should You Worry?
Oct 26Slammed 34% GreenPower Motor Company Inc. (CVE:GPV) Screens Well Here But There Might Be A Catch
Aug 08Not Many Are Piling Into GreenPower Motor Company Inc. (CVE:GPV) Stock Yet As It Plummets 26%
May 11Market 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 ($33.2M) exceed its short term liabilities ($23.1M).
Long Term Liabilities: GPV's short term assets ($33.2M) exceed its long term liabilities ($12.1M).
Debt to Equity History and Analysis
Debt Level: GPV's net debt to equity ratio (343.6%) is considered high.
Reducing Debt: GPV's debt to equity ratio has reduced from 492.4% to 346.4% 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: GPV has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GPV is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.