GECI International Balance Sheet Health
Financial Health criteria checks 2/6
GECI International has a total shareholder equity of €423.0K and total debt of €6.3M, which brings its debt-to-equity ratio to 1490.3%. Its total assets and total liabilities are €17.4M and €16.9M respectively.
Key information
1,490.3%
Debt to equity ratio
€6.30m
Debt
| Interest coverage ratio | n/a |
| Cash | €392.00k |
| Equity | €423.00k |
| Total liabilities | €16.93m |
| Total assets | €17.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALGEC's short term assets (€9.1M) do not cover its short term liabilities (€13.0M).
Long Term Liabilities: ALGEC's short term assets (€9.1M) exceed its long term liabilities (€4.0M).
Debt to Equity History and Analysis
Debt Level: ALGEC's net debt to equity ratio (1397.6%) is considered high.
Reducing Debt: ALGEC's debt to equity ratio has increased from 933.1% to 1490.3% 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: ALGEC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALGEC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.