Golden Growers Cooperative Balance Sheet Health
Financial Health criteria checks 6/6
Golden Growers Cooperative has a total shareholder equity of $23.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $25.7M and $2.5M respectively. Golden Growers Cooperative's EBIT is $5.4M making its interest coverage ratio -19. It has cash and short-term investments of $8.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -19x |
| Cash | US$8.92m |
| Equity | US$23.20m |
| Total liabilities | US$2.49m |
| Total assets | US$25.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGRO.U's short term assets ($9.0M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: GGRO.U has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GGRO.U is debt free.
Reducing Debt: GGRO.U has not had any debt for past 5 years.
Debt Coverage: GGRO.U has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GGRO.U has no debt, therefore coverage of interest payments is not a concern.