GCM Resources Balance Sheet Health
Financial Health criteria checks 3/6
GCM Resources has a total shareholder equity of £36.8M and total debt of £5.4M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are £43.7M and £6.9M respectively.
Key information
14.7%
Debt to equity ratio
UK£5.41m
Debt
Interest coverage ratio | n/a |
Cash | UK£54.00k |
Equity | UK£36.81m |
Total liabilities | UK£6.85m |
Total assets | UK£43.66m |
Financial Position Analysis
Short Term Liabilities: GCM's short term assets (£92.0K) do not cover its short term liabilities (£1.4M).
Long Term Liabilities: GCM's short term assets (£92.0K) do not cover its long term liabilities (£5.4M).
Debt to Equity History and Analysis
Debt Level: GCM's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: GCM's debt to equity ratio has increased from 4.4% 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 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GCM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.