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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 05:19 |
| End of Day Share Price | 2024/12/11 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GlassBridge Enterprises, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Martinuzzi | Lake Street Capital Markets, LLC |
| Mark Miller | NOBLE Capital Markets, Inc. |
| Christopher McGinnis | Sidoti & Company, LLC |