Gelteq Balance Sheet Health
Financial Health criteria checks 1/6
Gelteq has a total shareholder equity of A$15.1M and total debt of A$3.8M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are A$20.8M and A$5.6M respectively.
Key information
25.4%
Debt to equity ratio
AU$3.84m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$24.52k |
| Equity | AU$15.11m |
| Total liabilities | AU$5.65m |
| Total assets | AU$20.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GELS's short term assets (A$303.2K) do not cover its short term liabilities (A$3.9M).
Long Term Liabilities: GELS's short term assets (A$303.2K) do not cover its long term liabilities (A$1.8M).
Debt to Equity History and Analysis
Debt Level: GELS's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GELS'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: GELS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GELS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27% each year