GOAT Industries Balance Sheet Health

Financial Health criteria checks 2/6

GOAT Industries has a total shareholder equity of CA$-317.6K and total debt of CA$243.7K, which brings its debt-to-equity ratio to -76.7%. Its total assets and total liabilities are CA$301.6K and CA$619.2K respectively.

Key information

-76.7%

Debt to equity ratio

CA$243.70k

Debt

Interest coverage ration/a
CashCA$26.23k
Equity-CA$317.61k
Total liabilitiesCA$619.20k
Total assetsCA$301.59k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 26B has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 26B 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: 26B has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 26B's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: 26B has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: 26B is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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