Green Rise Foods Balance Sheet Health
Financial Health criteria checks 1/6
Green Rise Foods has a total shareholder equity of CA$2.3M and total debt of CA$50.6M, which brings its debt-to-equity ratio to 2176.8%. Its total assets and total liabilities are CA$59.2M and CA$56.9M respectively.
Key information
2,176.8%
Debt to equity ratio
CA$50.59m
Debt
Interest coverage ratio | 0.4x |
Cash | n/a |
Equity | CA$2.32m |
Total liabilities | CA$56.89m |
Total assets | CA$59.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6VN's short term assets (CA$9.2M) do not cover its short term liabilities (CA$54.8M).
Long Term Liabilities: 6VN's short term assets (CA$9.2M) exceed its long term liabilities (CA$2.1M).
Debt to Equity History and Analysis
Debt Level: 6VN's net debt to equity ratio (2176.8%) is considered high.
Reducing Debt: 6VN's debt to equity ratio has increased from 419.6% to 2176.8% 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: Insufficient data to determine if 6VN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6VN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.