GSE Systems Balance Sheet Health
Financial Health criteria checks 3/6
GSE Systems has a total shareholder equity of $5.8M and total debt of $2.4M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are $23.3M and $17.5M respectively.
Key information
40.8%
Debt to equity ratio
US$2.39m
Debt
Interest coverage ratio | n/a |
Cash | US$2.04m |
Equity | US$5.85m |
Total liabilities | US$17.47m |
Total assets | US$23.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSE0's short term assets ($13.7M) do not cover its short term liabilities ($16.0M).
Long Term Liabilities: GSE0's short term assets ($13.7M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: GSE0's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: GSE0's debt to equity ratio has increased from 30% to 40.8% 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: GSE0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GSE0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.2% each year