Global Atomic Balance Sheet Health
Financial Health criteria checks 3/6
Global Atomic has a total shareholder equity of CA$158.2M and total debt of CA$8.3M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CA$177.6M and CA$19.4M respectively.
Key information
5.2%
Debt to equity ratio
CA$8.28m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.86m |
| Equity | CA$158.19m |
| Total liabilities | CA$19.41m |
| Total assets | CA$177.60m |
Recent financial health updates
Is Global Atomic (TSE:GLO) In A Good Position To Invest In Growth?
Nov 14
Global Atomic (TSE:GLO) Is In A Good Position To Deliver On Growth Plans
Jul 07Will Global Atomic (TSE:GLO) Spend Its Cash Wisely?
Mar 16Is Global Atomic (TSE:GLO) In A Good Position To Invest In Growth?
Jul 20We're Hopeful That Global Atomic (TSE:GLO) Will Use Its Cash Wisely
Mar 31Companies Like Global Atomic (TSE:GLO) Are In A Position To Invest In Growth
Oct 13Recent updates
Is Global Atomic (TSE:GLO) In A Good Position To Invest In Growth?
Nov 14Global Atomic (TSE:GLO) Is In A Good Position To Deliver On Growth Plans
Jul 07Will Global Atomic (TSE:GLO) Spend Its Cash Wisely?
Mar 16Is Global Atomic (TSE:GLO) In A Good Position To Invest In Growth?
Jul 20We're Hopeful That Global Atomic (TSE:GLO) Will Use Its Cash Wisely
Mar 31Companies Like Global Atomic (TSE:GLO) Are In A Position To Invest In Growth
Oct 13We Discuss Why Global Atomic Corporation's (TSE:GLO) CEO May Deserve A Higher Pay Packet
Jun 19Financial Position Analysis
Short Term Liabilities: GLO's short term assets (CA$25.7M) exceed its short term liabilities (CA$10.8M).
Long Term Liabilities: GLO's short term assets (CA$25.7M) exceed its long term liabilities (CA$8.6M).
Debt to Equity History and Analysis
Debt Level: GLO has more cash than its total debt.
Reducing Debt: GLO's debt to equity ratio has increased from 0% to 5.2% 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: GLO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GLO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.9% each year