GO internet Balance Sheet Health
Financial Health criteria checks 0/6
GO internet has a total shareholder equity of €2.3M and total debt of €6.9M, which brings its debt-to-equity ratio to 303.4%. Its total assets and total liabilities are €19.0M and €16.7M respectively.
Key information
303.4%
Debt to equity ratio
€6.92m
Debt
| Interest coverage ratio | n/a |
| Cash | €563.00k |
| Equity | €2.28m |
| Total liabilities | €16.73m |
| Total assets | €19.01m |
Recent financial health updates
Is GO internet (BIT:GO) A Risky Investment?
Oct 02
Is GO internet (BIT:GO) Using Debt Sensibly?
Oct 14Is GO internet (BIT:GO) Using Debt In A Risky Way?
May 16Recent updates
Investors Still Aren't Entirely Convinced By GO internet S.p.A.'s (BIT:GO) Revenues Despite 26% Price Jump
Aug 29GO internet S.p.A. (BIT:GO) Soars 26% But It's A Story Of Risk Vs Reward
Aug 29Is GO internet (BIT:GO) A Risky Investment?
Oct 02Is GO internet (BIT:GO) Using Debt Sensibly?
Oct 14Is GO internet (BIT:GO) Using Debt In A Risky Way?
May 16Financial Position Analysis
Short Term Liabilities: GO's short term assets (€5.1M) do not cover its short term liabilities (€11.5M).
Long Term Liabilities: GO's short term assets (€5.1M) do not cover its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: GO's net debt to equity ratio (278.7%) is considered high.
Reducing Debt: GO's debt to equity ratio has increased from 27.3% to 303.4% 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: Insufficient data to determine if GO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.