Global Li-Ion Graphite Balance Sheet Health
Financial Health criteria checks 4/6
Global Li-Ion Graphite has a total shareholder equity of CA$2.2M and total debt of CA$730.5K, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are CA$3.1M and CA$933.4K respectively.
Key information
33.5%
Debt to equity ratio
CA$730.52k
Debt
Interest coverage ratio | n/a |
Cash | CA$82.04k |
Equity | CA$2.18m |
Total liabilities | CA$933.42k |
Total assets | CA$3.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0TD's short term assets (CA$146.9K) do not cover its short term liabilities (CA$933.4K).
Long Term Liabilities: 0TD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0TD's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 0TD's debt to equity ratio has increased from 3.7% to 33.5% 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: 0TD has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0TD is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.