Global Atomic Balance Sheet Health
Financial Health criteria checks 3/6
Global Atomic has a total shareholder equity of CA$171.6M and total debt of CA$4.5M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CA$191.2M and CA$19.5M respectively.
Key information
2.6%
Debt to equity ratio
CA$4.48m
Debt
Interest coverage ratio | n/a |
Cash | CA$18.57m |
Equity | CA$171.64m |
Total liabilities | CA$19.54m |
Total assets | CA$191.19m |
Recent financial health 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 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$19.4M) exceed its short term liabilities (CA$11.9M).
Long Term Liabilities: GLO's short term assets (CA$19.4M) exceed its long term liabilities (CA$7.7M).
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 2.6% 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 41.8% each year