This company has been acquired
Griid Infrastructure Balance Sheet Health
Financial Health criteria checks 0/6
Griid Infrastructure has a total shareholder equity of $-33.9M and total debt of $24.5M, which brings its debt-to-equity ratio to -72.1%. Its total assets and total liabilities are $41.6M and $75.5M respectively.
Key information
-72.1%
Debt to equity ratio
US$24.46m
Debt
| Interest coverage ratio | n/a |
| Cash | US$274.00k |
| Equity | -US$33.91m |
| Total liabilities | US$75.51m |
| Total assets | US$41.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRDI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GRDI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GRDI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GRDI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GRDI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GRDI's interest payments on its debt are well covered by EBIT.