Good Works II Acquisition Financial Health
How is Good Works II Acquisition's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GWII's short term assets ($1.1M) exceed its short term liabilities ($434.4K).
Long Term Liabilities: GWII's short term assets ($1.1M) do not cover its long term liabilities ($230.8M).
Debt to Equity History and Analysis
Debt Level: GWII is debt free.
Reducing Debt: GWII has not had any debt for past 5 years.
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: GWII has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GWII has less than a year of cash runway if free cash flow continues to reduce at historical rates of 67.6% each year