Gold Town Games Balance Sheet Health
Financial Health criteria checks 0/6
Gold Town Games has a total shareholder equity of SEK14.4M and total debt of SEK11.1M, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are SEK29.3M and SEK14.9M respectively.
Key information
77.2%
Debt to equity ratio
kr11.14m
Debt
Interest coverage ratio | n/a |
Cash | kr3.17m |
Equity | kr14.43m |
Total liabilities | kr14.88m |
Total assets | kr29.31m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GTG's short term assets (SEK4.8M) do not cover its short term liabilities (SEK4.9M).
Long Term Liabilities: GTG's short term assets (SEK4.8M) do not cover its long term liabilities (SEK10.0M).
Debt to Equity History and Analysis
Debt Level: GTG's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: GTG's debt to equity ratio has increased from 22.8% to 77.2% 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: GTG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GTG has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.7% each year.