Globe Exploration (Y.C.D.) Limited Partnership Balance Sheet Health
Financial Health criteria checks 3/6
Globe Exploration (Y.C.D.) Limited Partnership has a total shareholder equity of $137.0K and total debt of $6.0K, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are $2.1M and $2.0M respectively.
Key information
4.4%
Debt to equity ratio
US$6.00k
Debt
Interest coverage ratio | n/a |
Cash | US$82.00k |
Equity | US$137.00k |
Total liabilities | US$1.99m |
Total assets | US$2.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLEN-M's short term assets ($187.0K) do not cover its short term liabilities ($1.9M).
Long Term Liabilities: GLEN-M's short term assets ($187.0K) exceed its long term liabilities ($51.0K).
Debt to Equity History and Analysis
Debt Level: GLEN-M has more cash than its total debt.
Reducing Debt: GLEN-M's debt to equity ratio has reduced from 17.7% to 4.4% 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: GLEN-M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GLEN-M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.8% each year