good natured Products Balance Sheet Health
Financial Health criteria checks 3/6
good natured Products has a total shareholder equity of CA$5.9M and total debt of CA$55.1M, which brings its debt-to-equity ratio to 941%. Its total assets and total liabilities are CA$91.6M and CA$85.7M respectively.
Key information
941.0%
Debt to equity ratio
CA$55.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.32m |
| Equity | CA$5.86m |
| Total liabilities | CA$85.71m |
| Total assets | CA$91.57m |
Recent financial health updates
Is good natured Products (CVE:GDNP) Using Debt In A Risky Way?
Oct 23
Health Check: How Prudently Does good natured Products (CVE:GDNP) Use Debt?
Mar 23Here's Why good natured Products (CVE:GDNP) Can Afford Some Debt
Dec 02Recent updates
good natured Products Inc. (CVE:GDNP) Might Not Be As Mispriced As It Looks After Plunging 33%
Jun 15It's A Story Of Risk Vs Reward With good natured Products Inc. (CVE:GDNP)
Apr 26Is good natured Products (CVE:GDNP) Using Debt In A Risky Way?
Oct 23Investors Give good natured Products Inc. (CVE:GDNP) Shares A 31% Hiding
Aug 30Health Check: How Prudently Does good natured Products (CVE:GDNP) Use Debt?
Mar 23Here's Why good natured Products (CVE:GDNP) Can Afford Some Debt
Dec 02good natured Products Inc.'s (CVE:GDNP) Profit Outlook
Apr 30Introducing good natured Products (CVE:GDNP), The Stock That Soared 900% In The Last Three Years
Mar 05A Quick Analysis On good natured Products' (CVE:GDNP) CEO Salary
Dec 27
Financial Position Analysis
Short Term Liabilities: GDNP.H's short term assets (CA$24.2M) do not cover its short term liabilities (CA$28.8M).
Long Term Liabilities: GDNP.H's short term assets (CA$24.2M) do not cover its long term liabilities (CA$57.0M).
Debt to Equity History and Analysis
Debt Level: GDNP.H's net debt to equity ratio (867.3%) is considered high.
Reducing Debt: GDNP.H had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GDNP.H has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GDNP.H is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.