Genoil Balance Sheet Health
Financial Health criteria checks 3/6
Genoil has a total shareholder equity of $4.4K and total debt of $200.0K, which brings its debt-to-equity ratio to 4565.2%. Its total assets and total liabilities are $367.3K and $362.9K respectively.
Key information
4,565.2%
Debt to equity ratio
US$200.00k
Debt
Interest coverage ratio | n/a |
Cash | US$21.64k |
Equity | US$4.38k |
Total liabilities | US$362.90k |
Total assets | US$367.29k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNOL.F's short term assets ($324.1K) exceed its short term liabilities ($162.9K).
Long Term Liabilities: GNOL.F's short term assets ($324.1K) exceed its long term liabilities ($200.0K).
Debt to Equity History and Analysis
Debt Level: GNOL.F's net debt to equity ratio (4071.3%) is considered high.
Reducing Debt: GNOL.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GNOL.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GNOL.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.9% each year.