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Good Works II Acquisition Balance Sheet Health
Financial Health criteria checks 3/6
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$699.23k |
Equity | US$1.13m |
Total liabilities | US$231.26m |
Total assets | US$232.40m |
Recent financial health updates
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.
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: 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