GCM Resources Balance Sheet Health
Financial Health criteria checks 4/6
GCM Resources has a total shareholder equity of £38.5M and total debt of £5.7M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are £45.5M and £7.1M respectively.
Key information
14.7%
Debt to equity ratio
UK£5.66m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.66m |
| Equity | UK£38.46m |
| Total liabilities | UK£7.06m |
| Total assets | UK£45.51m |
Financial Position Analysis
Short Term Liabilities: GCM's short term assets (£1.7M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: GCM's short term assets (£1.7M) do not cover its long term liabilities (£5.7M).
Debt to Equity History and Analysis
Debt Level: GCM's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: GCM's debt to equity ratio has increased from 6.1% to 14.7% 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: GCM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GCM has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 0.3% each year.