Gladstone Commercial Financial Health
How is Gladstone Commercial's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GOOD's short term assets ($91.2M) exceed its short term liabilities ($14.8M).
Long Term Liabilities: GOOD's short term assets ($91.2M) do not cover its long term liabilities ($807.2M).
Debt to Equity History and Analysis
Debt Level: GOOD's net debt to equity ratio (184.3%) is considered high.
Reducing Debt: GOOD's debt to equity ratio has increased from 148.7% to 191.4% 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: Whilst unprofitable GOOD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GOOD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.7% per year.