Global Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Global Technologies has a total shareholder equity of $1.8M and total debt of $463.3K, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are $8.5M and $6.7M respectively. Global Technologies's EBIT is $379.9K making its interest coverage ratio 0.7. It has cash and short-term investments of $292.9K.
Key information
25.9%
Debt to equity ratio
US$463.27k
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$292.86k |
| Equity | US$1.79m |
| Total liabilities | US$6.72m |
| Total assets | US$8.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTLL's short term assets ($674.5K) do not cover its short term liabilities ($6.7M).
Long Term Liabilities: GTLL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTLL's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GTLL's debt to equity ratio has reduced 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 GTLL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GTLL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 794.6% per year.