Glorious Creation Balance Sheet Health
Financial Health criteria checks 6/6
Glorious Creation has a total shareholder equity of CA$1.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.6M and CA$31.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.60m |
Equity | CA$1.58m |
Total liabilities | CA$31.58k |
Total assets | CA$1.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCIT.X's short term assets (CA$1.6M) exceed its short term liabilities (CA$31.6K).
Long Term Liabilities: GCIT.X has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GCIT.X is debt free.
Reducing Debt: GCIT.X currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: GCIT.X has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GCIT.X has no debt, therefore coverage of interest payments is not a concern.