G6 Materials Balance Sheet Health

Financial Health criteria checks 2/6

G6 Materials has a total shareholder equity of $33.5K and total debt of $37.3K, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are $964.2K and $930.7K respectively.

Key information

111.2%

Debt to equity ratio

US$37.27k

Debt

Interest coverage ration/a
CashUS$40.65k
EquityUS$33.53k
Total liabilitiesUS$930.72k
Total assetsUS$964.25k

Recent financial health updates

Recent updates

Shareholders Will Probably Not Have Any Issues With G6 Materials Corp.'s (CVE:GGG) CEO Compensation

Dec 10
Shareholders Will Probably Not Have Any Issues With G6 Materials Corp.'s (CVE:GGG) CEO Compensation

Financial Position Analysis

Short Term Liabilities: GGG's short term assets ($511.0K) do not cover its short term liabilities ($747.9K).

Long Term Liabilities: GGG's short term assets ($511.0K) exceed its long term liabilities ($182.8K).


Debt to Equity History and Analysis

Debt Level: GGG has more cash than its total debt.

Reducing Debt: GGG's debt to equity ratio has increased from 0% to 111.2% 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: GGG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GGG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18% each year


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