Global Food and Ingredients Balance Sheet Health
Financial Health criteria checks 3/6
Global Food and Ingredients has a total shareholder equity of CA$9.4M and total debt of CA$35.5M, which brings its debt-to-equity ratio to 376.5%. Its total assets and total liabilities are CA$61.0M and CA$51.5M respectively.
Key information
376.5%
Debt to equity ratio
CA$35.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$352.71k |
| Equity | CA$9.44m |
| Total liabilities | CA$51.51m |
| Total assets | CA$60.95m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PEAS.H's short term assets (CA$27.6M) do not cover its short term liabilities (CA$36.8M).
Long Term Liabilities: PEAS.H's short term assets (CA$27.6M) exceed its long term liabilities (CA$14.8M).
Debt to Equity History and Analysis
Debt Level: PEAS.H's net debt to equity ratio (372.8%) is considered high.
Reducing Debt: Insufficient data to determine if PEAS.H's debt to equity ratio has reduced 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: PEAS.H has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PEAS.H is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.