GreenPower Motor Balance Sheet Health
Financial Health criteria checks 5/6
GreenPower Motor has a total shareholder equity of $4.2M and total debt of $14.4M, which brings its debt-to-equity ratio to 346.4%. Its total assets and total liabilities are $39.4M and $35.2M respectively.
Key information
346.4%
Debt to equity ratio
US$14.39m
Debt
| Interest coverage ratio | n/a |
| Cash | US$116.91k |
| Equity | US$4.15m |
| Total liabilities | US$35.22m |
| Total assets | US$39.37m |
Recent financial health updates
No updates
Recent updates
GreenPower Motor: Sales Grow But Liquidity Position Uncertain
Aug 19GreenPower acquires Lion Truck Body adding capacity for EV truck bodies and reducing delivery times
Jul 08GreenPower Motor reports Q4 results
Jul 01GreenPower Motor: A Small EV, Undervalued And Growing
Mar 24GreenPower Motor Grows Footprint But Operating Losses Mount
Dec 31GreenPower Motor Looks Set To Benefit From The Coming U.S. Electric Bus And Transit Vehicle Boom
Jun 22GreenPower Motor up 2% after deliveries update
Jan 13GreenPower Motors rallies again as electric vehicle standout
Dec 23GreenPower Motor: Its Path To Sustainable Growth And Profitability
Dec 11GreenPower Motor lower after White Diamond warns on 90% downside
Dec 08Electric vehicle stocks fall after negative developments with Nikola and Kandi
Nov 30Financial Position Analysis
Short Term Liabilities: GP's short term assets ($33.2M) exceed its short term liabilities ($23.1M).
Long Term Liabilities: GP's short term assets ($33.2M) exceed its long term liabilities ($12.1M).
Debt to Equity History and Analysis
Debt Level: GP's net debt to equity ratio (343.6%) is considered high.
Reducing Debt: GP's debt to equity ratio has reduced from 492.4% to 346.4% 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: GP has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GP is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:49 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GreenPower Motor Company Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Souther | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |
| Tate Sullivan | Maxim Group |