Glacier Media Balance Sheet Health
Financial Health criteria checks 3/6
Glacier Media has a total shareholder equity of CA$57.2M and total debt of CA$6.9M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CA$161.5M and CA$104.3M respectively.
Key information
12.0%
Debt to equity ratio
CA$6.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.88m |
| Equity | CA$57.23m |
| Total liabilities | CA$104.30m |
| Total assets | CA$161.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLMF.F's short term assets (CA$35.3M) do not cover its short term liabilities (CA$42.0M).
Long Term Liabilities: GLMF.F's short term assets (CA$35.3M) do not cover its long term liabilities (CA$62.3M).
Debt to Equity History and Analysis
Debt Level: GLMF.F's net debt to equity ratio (0.01%) is considered satisfactory.
Reducing Debt: GLMF.F's debt to equity ratio has increased from 9.8% to 12% 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: GLMF.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GLMF.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 11.6% each year.