Greencity Acquisition Corporation

OTCPK:GRYU.F Stock Report

Market Cap: US$16.2m

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 ration/a
CashUS$6.92k
Equity-US$4.27m
Total liabilitiesUS$10.95m
Total assetsUS$6.67m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GRYU.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GRYU.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: GRYU.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GRYU.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: GRYU.F's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GRYU.F's interest payments on its debt are well covered by EBIT.


Balance Sheet


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