Glacier Media Balance Sheet Health
Financial Health criteria checks 2/6
Glacier Media has a total shareholder equity of CA$64.9M and total debt of CA$7.2M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CA$172.2M and CA$107.3M respectively.
Key information
11.0%
Debt to equity ratio
CA$7.15m
Debt
Interest coverage ratio | n/a |
Cash | CA$6.55m |
Equity | CA$64.93m |
Total liabilities | CA$107.27m |
Total assets | CA$172.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLMF.F's short term assets (CA$41.1M) do not cover its short term liabilities (CA$47.8M).
Long Term Liabilities: GLMF.F's short term assets (CA$41.1M) do not cover its long term liabilities (CA$59.5M).
Debt to Equity History and Analysis
Debt Level: GLMF.F's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: GLMF.F's debt to equity ratio has reduced from 27.7% to 11% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GLMF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4% each year