GRI Bio Balance Sheet Health
Financial Health criteria checks 4/6
GRI Bio has a total shareholder equity of $3.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.5M and $1.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.75m |
| Equity | US$3.66m |
| Total liabilities | US$1.80m |
| Total assets | US$5.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRI's short term assets ($5.3M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: GRI's short term assets ($5.3M) exceed its long term liabilities ($84.0K).
Debt to Equity History and Analysis
Debt Level: GRI is debt free.
Reducing Debt: GRI had no debt 5 years ago.
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: GRI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 70.4% each year