Gold Entertainment Group Balance Sheet Health
Financial Health criteria checks 0/6
Gold Entertainment Group has a total shareholder equity of $-294.1K and total debt of $308.9K, which brings its debt-to-equity ratio to -105%. Its total assets and total liabilities are $66.6K and $360.7K respectively.
Key information
-105.0%
Debt to equity ratio
US$308.92k
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.23k |
| Equity | -US$294.07k |
| Total liabilities | US$360.67k |
| Total assets | US$66.60k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: GEGP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GEGP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GEGP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GEGP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GEGP's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: Insufficient data to determine if GEGP's interest payments on its debt are well covered by EBIT.