GameSquare Holdings Balance Sheet Health
Financial Health criteria checks 3/6
GameSquare Holdings has a total shareholder equity of $18.4M and total debt of $13.5M, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are $64.7M and $46.3M respectively.
Key information
73.3%
Debt to equity ratio
US$13.46m
Debt
Interest coverage ratio | n/a |
Cash | US$2.95m |
Equity | US$18.36m |
Total liabilities | US$46.35m |
Total assets | US$64.71m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GAME's short term assets ($22.2M) do not cover its short term liabilities ($36.2M).
Long Term Liabilities: GAME's short term assets ($22.2M) exceed its long term liabilities ($10.2M).
Debt to Equity History and Analysis
Debt Level: GAME's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: Insufficient data to determine if GAME's debt to equity ratio has reduced 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: GAME has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GAME is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.