General Enterprise Ventures Balance Sheet Health
Financial Health criteria checks 2/6
General Enterprise Ventures has a total shareholder equity of $3.6M and total debt of $1.5M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are $5.3M and $1.7M respectively.
Key information
40.8%
Debt to equity ratio
US$1.48m
Debt
Interest coverage ratio | n/a |
Cash | US$549.76k |
Equity | US$3.64m |
Total liabilities | US$1.67m |
Total assets | US$5.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEVI's short term assets ($1.2M) do not cover its short term liabilities ($1.6M).
Long Term Liabilities: GEVI's short term assets ($1.2M) exceed its long term liabilities ($50.0K).
Debt to Equity History and Analysis
Debt Level: GEVI's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: GEVI's debt to equity ratio has increased from 0% to 40.8% over the past 5 years.
Debt Coverage: GEVI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GEVI's interest payments on its debt are well covered by EBIT.