Griid Infrastructure Inc.

NEOE:GRDI Stock Report

Market Cap: CA$98.5m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Griid Infrastructure Balance Sheet Health

Financial Health criteria checks 0/6

Griid Infrastructure has a total shareholder equity of $-33.9M and total debt of $24.5M, which brings its debt-to-equity ratio to -72.1%. Its total assets and total liabilities are $41.6M and $75.5M respectively.

Key information

-72.1%

Debt to equity ratio

US$24.46m

Debt

Interest coverage ration/a
CashUS$274.00k
Equity-US$33.91m
Total liabilitiesUS$75.51m
Total assetsUS$41.60m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GRDI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GRDI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GRDI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GRDI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: GRDI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GRDI's interest payments on its debt are well covered by EBIT.


Balance Sheet


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