Greencity Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Greencity Acquisition has a total shareholder equity of $-4.3M and total debt of $2.8M, which brings its debt-to-equity ratio to -64.6%. Its total assets and total liabilities are $6.7M and $10.9M respectively.
Key information
-64.6%
Debt to equity ratio
US$2.76m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.92k |
| Equity | -US$4.27m |
| Total liabilities | US$10.95m |
| Total assets | US$6.67m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRCY.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GRCY.F 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: GRCY.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GRCY.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GRCY.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GRCY.F's interest payments on its debt are well covered by EBIT.