good natured Products Balance Sheet Health
Financial Health criteria checks 4/6
good natured Products has a total shareholder equity of CA$15.3M and total debt of CA$58.6M, which brings its debt-to-equity ratio to 382.1%. Its total assets and total liabilities are CA$103.1M and CA$87.8M respectively.
Key information
382.1%
Debt to equity ratio
CA$58.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.12m |
| Equity | CA$15.33m |
| Total liabilities | CA$87.82m |
| Total assets | CA$103.15m |
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
Is 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
Introducing good natured Products (CVE:GDNP), The Stock That Soared 471% In The Last Three Years
Nov 22Financial Position Analysis
Short Term Liabilities: GDNP's short term assets (CA$34.6M) exceed its short term liabilities (CA$27.7M).
Long Term Liabilities: GDNP's short term assets (CA$34.6M) do not cover its long term liabilities (CA$60.1M).
Debt to Equity History and Analysis
Debt Level: GDNP's net debt to equity ratio (309.5%) is considered high.
Reducing Debt: GDNP 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 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GDNP has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 25.6% each year.