GlucoTrack Balance Sheet Health
Financial Health criteria checks 6/6
GlucoTrack has a total shareholder equity of $3.2M and total debt of $196.0K, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are $4.9M and $1.7M respectively.
Key information
6.1%
Debt to equity ratio
US$196.00k
Debt
Interest coverage ratio | n/a |
Cash | US$4.49m |
Equity | US$3.20m |
Total liabilities | US$1.71m |
Total assets | US$4.91m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GCTK's short term assets ($4.9M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: GCTK's short term assets ($4.9M) exceed its long term liabilities ($196.0K).
Debt to Equity History and Analysis
Debt Level: GCTK has more cash than its total debt.
Reducing Debt: GCTK 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: GCTK has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GCTK is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.