Green Rise Foods Balance Sheet Health
Financial Health criteria checks 3/6
Green Rise Foods has a total shareholder equity of CA$5.7M and total debt of CA$45.2M, which brings its debt-to-equity ratio to 791.3%. Its total assets and total liabilities are CA$55.2M and CA$49.5M respectively.
Key information
791.3%
Debt to equity ratio
CA$45.21m
Debt
| Interest coverage ratio | 0.7x |
| Cash | n/a |
| Equity | CA$5.71m |
| Total liabilities | CA$49.48m |
| Total assets | CA$55.20m |
Recent financial health updates
Green Rise Foods (CVE:GRF) Is Making Moderate Use Of Debt
May 14
Is Green Rise Foods (CVE:GRF) A Risky Investment?
Oct 27Is Green Rise Foods (CVE:GRF) A Risky Investment?
May 12Is Green Rise Foods (CVE:GRF) Using Too Much Debt?
Dec 21
Recent updates
Even With A 27% Surge, Cautious Investors Are Not Rewarding Green Rise Foods Inc.'s (CVE:GRF) Performance Completely
Oct 05Most Shareholders Will Probably Agree With Green Rise Foods Inc.'s (CVE:GRF) CEO Compensation
Aug 30Green Rise Foods Inc.'s (CVE:GRF) Subdued P/S Might Signal An Opportunity
Dec 28Many Still Looking Away From Green Rise Foods Inc. (CVE:GRF)
Jun 26Green Rise Foods (CVE:GRF) Is Making Moderate Use Of Debt
May 14Is Green Rise Foods (CVE:GRF) A Risky Investment?
Oct 27Calculating The Fair Value Of Green Rise Foods Inc. (CVE:GRF)
Jul 29Robust Earnings May Not Tell The Whole Story For Green Rise Foods (CVE:GRF)
Jun 03Is Green Rise Foods (CVE:GRF) A Risky Investment?
May 12A Look At The Intrinsic Value Of Green Rise Foods Inc. (CVE:GRF)
Mar 02If You Had Bought Green Rise Foods (CVE:GRF) Stock A Year Ago, You Could Pocket A 900% Gain Today
Jan 25Is Green Rise Foods (CVE:GRF) Using Too Much Debt?
Dec 21Financial Position Analysis
Short Term Liabilities: GRF's short term assets (CA$6.6M) do not cover its short term liabilities (CA$45.6M).
Long Term Liabilities: GRF's short term assets (CA$6.6M) exceed its long term liabilities (CA$3.9M).
Debt to Equity History and Analysis
Debt Level: GRF's net debt to equity ratio (791.3%) is considered high.
Reducing Debt: GRF's debt to equity ratio has increased from 217.8% to 791.3% 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 GRF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GRF is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 00:22 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Green Rise Foods Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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