Global Health Clinics Ltd.

OTCPK:LRSN.F Stock Report

Market Cap: US$169.8k

Global Health Clinics Balance Sheet Health

Financial Health criteria checks 0/6

Global Health Clinics has a total shareholder equity of CA$-2.9M and total debt of CA$1.3M, which brings its debt-to-equity ratio to -45.4%. Its total assets and total liabilities are CA$43.3K and CA$3.0M respectively.

Key information

-45.4%

Debt to equity ratio

CA$1.33m

Debt

Interest coverage ration/a
CashCA$19.60k
Equity-CA$2.93m
Total liabilitiesCA$2.97m
Total assetsCA$43.32k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

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

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

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


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: LRSN.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LRSN.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.9% each year.


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