Gratomic Balance Sheet Health
Financial Health criteria checks 1/6
Gratomic has a total shareholder equity of CA$21.9M and total debt of CA$1.1M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CA$27.5M and CA$5.6M respectively.
Key information
4.8%
Debt to equity ratio
CA$1.06m
Debt
Interest coverage ratio | n/a |
Cash | CA$52.42k |
Equity | CA$21.87m |
Total liabilities | CA$5.59m |
Total assets | CA$27.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GRAT's short term assets (CA$580.1K) do not cover its short term liabilities (CA$5.0M).
Long Term Liabilities: GRAT's short term assets (CA$580.1K) do not cover its long term liabilities (CA$583.3K).
Debt to Equity History and Analysis
Debt Level: GRAT's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: GRAT's debt to equity ratio has increased from 0% to 4.8% 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 19.6% each year