GameOn Entertainment Technologies Balance Sheet Health
Financial Health criteria checks 0/6
GameOn Entertainment Technologies has a total shareholder equity of CA$1.5M and total debt of CA$2.2M, which brings its debt-to-equity ratio to 144.2%. Its total assets and total liabilities are CA$5.0M and CA$3.5M respectively.
Key information
144.2%
Debt to equity ratio
CA$2.19m
Debt
Interest coverage ratio | n/a |
Cash | CA$35.44k |
Equity | CA$1.52m |
Total liabilities | CA$3.48m |
Total assets | CA$5.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GET's short term assets (CA$89.6K) do not cover its short term liabilities (CA$2.5M).
Long Term Liabilities: GET's short term assets (CA$89.6K) do not cover its long term liabilities (CA$980.2K).
Debt to Equity History and Analysis
Debt Level: GET's net debt to equity ratio (141.8%) is considered high.
Reducing Debt: Insufficient data to determine if GET's debt to equity ratio has reduced 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: GET has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GET has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.3% each year