GWest Corporation Limited

JMSE:GWEST Stock Report

Market Cap: JA$480.0m

GWest Balance Sheet Health

Financial Health criteria checks 3/6

GWest has a total shareholder equity of JMD687.4M and total debt of JMD589.6M, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are JMD1.7B and JMD1.1B respectively.

Key information

85.8%

Debt to equity ratio

JA$589.60m

Debt

Interest coverage ration/a
CashJA$38.79m
EquityJA$687.39m
Total liabilitiesJA$1.05b
Total assetsJA$1.74b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GWEST's short term assets (JMD142.3M) do not cover its short term liabilities (JMD258.4M).

Long Term Liabilities: GWEST's short term assets (JMD142.3M) do not cover its long term liabilities (JMD796.2M).


Debt to Equity History and Analysis

Debt Level: GWEST's net debt to equity ratio (80.1%) is considered high.

Reducing Debt: GWEST's debt to equity ratio has reduced from 123.3% to 85.8% 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: Whilst unprofitable GWEST has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GWEST is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.9% per year.


Discover healthy companies