Global Petroleum Balance Sheet Health
Financial Health criteria checks 6/6
Global Petroleum has a total shareholder equity of $2.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.4M and $324.2K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$193.07k |
| Equity | US$2.04m |
| Total liabilities | US$324.18k |
| Total assets | US$2.36m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBP's short term assets ($347.2K) exceed its short term liabilities ($324.2K).
Long Term Liabilities: GBP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GBP is debt free.
Reducing Debt: GBP has not had any debt for 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: GBP has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GBP is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.