Gratomic Balance Sheet Health
Financial Health criteria checks 1/6
Gratomic has a total shareholder equity of CA$20.5M and total debt of CA$1.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CA$27.2M and CA$6.7M respectively.
Key information
7.7%
Debt to equity ratio
CA$1.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$39.02k |
| Equity | CA$20.49m |
| Total liabilities | CA$6.70m |
| Total assets | CA$27.19m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GRAT's short term assets (CA$61.3K) do not cover its short term liabilities (CA$6.1M).
Long Term Liabilities: GRAT's short term assets (CA$61.3K) do not cover its long term liabilities (CA$569.4K).
Debt to Equity History and Analysis
Debt Level: GRAT's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: GRAT's debt to equity ratio has increased from 1% to 7.7% 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: GRAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.8% each year