Geodrill Balance Sheet Health
Financial Health criteria checks 5/6
Geodrill has a total shareholder equity of $120.0M and total debt of $10.8M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are $162.4M and $42.5M respectively. Geodrill's EBIT is $16.2M making its interest coverage ratio 15.4. It has cash and short-term investments of $14.8M.
Key information
9.0%
Debt to equity ratio
US$10.79m
Debt
| Interest coverage ratio | 15.4x |
| Cash | US$14.81m |
| Equity | US$119.98m |
| Total liabilities | US$42.45m |
| Total assets | US$162.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEOD.F's short term assets ($94.8M) exceed its short term liabilities ($37.8M).
Long Term Liabilities: GEOD.F's short term assets ($94.8M) exceed its long term liabilities ($4.7M).
Debt to Equity History and Analysis
Debt Level: GEOD.F has more cash than its total debt.
Reducing Debt: GEOD.F's debt to equity ratio has increased from 7.4% to 9% over the past 5 years.
Debt Coverage: GEOD.F's debt is well covered by operating cash flow (151.2%).
Interest Coverage: GEOD.F's interest payments on its debt are well covered by EBIT (15.4x coverage).