Global Atomic Balance Sheet Health
Financial Health criteria checks 3/6
Global Atomic has a total shareholder equity of CA$178.0M and total debt of CA$4.2M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CA$199.0M and CA$21.0M respectively.
Key information
2.3%
Debt to equity ratio
CA$4.15m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.86m |
| Equity | CA$178.03m |
| Total liabilities | CA$20.95m |
| Total assets | CA$198.99m |
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
Shareholders May Be Wary Of Increasing Global Atomic Corporation's (TSE:GLO) CEO Compensation Package
Jun 19Is 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$2.7M) do not cover its short term liabilities (CA$14.6M).
Long Term Liabilities: GLO's short term assets (CA$2.7M) do not cover its long term liabilities (CA$6.4M).
Debt to Equity History and Analysis
Debt Level: GLO's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: GLO's debt to equity ratio has increased from 0% to 2.3% 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: GLO has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GLO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.