Global Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Global Technologies has a total shareholder equity of $1.5M and total debt of $503.3K, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are $8.4M and $6.8M respectively.
Key information
32.8%
Debt to equity ratio
US$503.27k
Debt
| Interest coverage ratio | n/a |
| Cash | US$115.75k |
| Equity | US$1.53m |
| Total liabilities | US$6.83m |
| Total assets | US$8.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTLL's short term assets ($525.4K) do not cover its short term liabilities ($6.8M).
Long Term Liabilities: GTLL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTLL's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GTLL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GTLL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GTLL's interest payments on its debt are well covered by EBIT.