UGE International Balance Sheet Health
Financial Health criteria checks 0/6
UGE International has a total shareholder equity of $-20.2M and total debt of $58.8M, which brings its debt-to-equity ratio to -290.9%. Its total assets and total liabilities are $71.0M and $91.3M respectively.
Key information
-290.9%
Debt to equity ratio
US$58.84m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.43m |
| Equity | -US$20.23m |
| Total liabilities | US$91.25m |
| Total assets | US$71.02m |
Recent financial health updates
Recent updates
Is UGE International Ltd. (CVE:UGE) Potentially Undervalued?
May 23
Why We Think Shareholders May Be Considering Bumping Up UGE International Ltd.'s (CVE:UGE) CEO Compensation
Sep 11Does UGE International (CVE:UGE) Have A Healthy Balance Sheet?
Aug 12Here's What We Think About UGE International's (CVE:UGE) CEO Pay
Dec 18Financial Position Analysis
Short Term Liabilities: UGE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: UGE 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: UGE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: UGE'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: UGE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: UGE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.2% each year