Green Shift Commodities Balance Sheet Health
Financial Health criteria checks 6/6
Green Shift Commodities has a total shareholder equity of CA$3.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.1M and CA$2.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.76m |
Equity | CA$3.68m |
Total liabilities | CA$2.38m |
Total assets | CA$6.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCOM's short term assets (CA$2.9M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: GCOM's short term assets (CA$2.9M) exceed its long term liabilities (CA$167.3K).
Debt to Equity History and Analysis
Debt Level: GCOM is debt free.
Reducing Debt: GCOM has no debt compared to 5 years ago when its debt to equity ratio was 56.9%.
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: GCOM has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GCOM is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.