GlassBridge Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
GlassBridge Enterprises has a total shareholder equity of $5.8M and total debt of $15.1M, which brings its debt-to-equity ratio to 260.3%. Its total assets and total liabilities are $23.3M and $17.5M respectively.
Key information
260.3%
Debt to equity ratio
US$15.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.10m |
| Equity | US$5.80m |
| Total liabilities | US$17.50m |
| Total assets | US$23.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLAE's short term assets ($4.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: GLAE's short term assets ($4.1M) do not cover its long term liabilities ($15.3M).
Debt to Equity History and Analysis
Debt Level: GLAE's net debt to equity ratio (189.7%) is considered high.
Reducing Debt: GLAE's debt to equity ratio has increased from 0% to 260.3% 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: Insufficient data to determine if GLAE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GLAE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.