Clean Energy Transition Balance Sheet Health
Financial Health criteria checks 4/6
Clean Energy Transition has a total shareholder equity of CA$2.5M and total debt of CA$2.5M, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are CA$7.8M and CA$5.3M respectively.
Key information
99.9%
Debt to equity ratio
CA$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.62m |
| Equity | CA$2.50m |
| Total liabilities | CA$5.29m |
| Total assets | CA$7.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCRI.F's short term assets (CA$2.8M) do not cover its short term liabilities (CA$5.3M).
Long Term Liabilities: GCRI.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GCRI.F has more cash than its total debt.
Reducing Debt: GCRI.F's debt to equity ratio has increased from 0% to 99.9% over the past 5 years.
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: Whilst unprofitable GCRI.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GCRI.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.1% per year.