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Ginger Beef Balance Sheet Health

Financial Health criteria checks 5/6

Key information

15.1%

Debt to equity ratio

CA$626.40k

Debt

Interest coverage ratio7.5x
CashCA$1.25m
EquityCA$4.16m
Total liabilitiesCA$2.14m
Total assetsCA$6.29m

Recent financial health updates

No updates

Recent updates

Here's Why I Think Ginger Beef (CVE:GB) Is An Interesting Stock

Nov 18
Here's Why I Think Ginger Beef (CVE:GB) Is An Interesting Stock

It's Unlikely That Ginger Beef Corporation's (CVE:GB) CEO Will See A Huge Pay Rise This Year

Jun 24
It's Unlikely That Ginger Beef Corporation's (CVE:GB) CEO Will See A Huge Pay Rise This Year

Here's Why I Think Ginger Beef (CVE:GB) Might Deserve Your Attention Today

Jun 16
Here's Why I Think Ginger Beef (CVE:GB) Might Deserve Your Attention Today

Is Now The Time To Put Ginger Beef (CVE:GB) On Your Watchlist?

Mar 17
Is Now The Time To Put Ginger Beef (CVE:GB) On Your Watchlist?

Is Ginger Beef Corporation's(CVE:GB) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 10
Is Ginger Beef Corporation's(CVE:GB) Recent Stock Performance Tethered To Its Strong Fundamentals?

With EPS Growth And More, Ginger Beef (CVE:GB) Is Interesting

Dec 11
With EPS Growth And More, Ginger Beef (CVE:GB) Is Interesting

Financial Position Analysis

Short Term Liabilities: GB's short term assets (CA$3.5M) exceed its short term liabilities (CA$956.7K).

Long Term Liabilities: GB's short term assets (CA$3.5M) exceed its long term liabilities (CA$1.2M).


Debt to Equity History and Analysis

Debt Level: GB has more cash than its total debt.

Reducing Debt: GB's debt to equity ratio has increased from 4.8% to 15.1% over the past 5 years.

Debt Coverage: GB's debt is well covered by operating cash flow (93.3%).

Interest Coverage: GB's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


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