GSE Systems Balance Sheet Health
Financial Health criteria checks 5/6
GSE Systems has a total shareholder equity of $5.3M and total debt of $1.4M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are $22.8M and $17.5M respectively.
Key information
27.1%
Debt to equity ratio
US$1.45m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.25m |
| Equity | US$5.34m |
| Total liabilities | US$17.46m |
| Total assets | US$22.81m |
Recent financial health updates
Is GSE Systems (NASDAQ:GVP) Weighed On By Its Debt Load?
Feb 15
Is GSE Systems (NASDAQ:GVP) Using Too Much Debt?
Nov 17Recent updates
GSE Systems, Inc. (NASDAQ:GVP) Soars 67% But It's A Story Of Risk Vs Reward
Feb 22Is GSE Systems (NASDAQ:GVP) Weighed On By Its Debt Load?
Feb 15GSE Systems, Inc. (NASDAQ:GVP) Might Not Be As Mispriced As It Looks After Plunging 37%
Dec 22Is GSE Systems (NASDAQ:GVP) Using Too Much Debt?
Nov 17Need To Know: This Analyst Just Made A Substantial Cut To Their GSE Systems, Inc. (NASDAQ:GVP) Estimates
May 20GSE Systems, Inc. (NASDAQ:GVP) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
May 18GSE Systems (NASDAQ:GVP) Is Making Moderate Use Of Debt
Mar 16GSE Systems Non-GAAP EPS of -$0.06, revenue of $12.7M
Aug 15Is GSE Systems (NASDAQ:GVP) A Risky Investment?
Jul 29GSE Systems EPS beats by $0.01, misses on revenue
Nov 16Financial Position Analysis
Short Term Liabilities: GVP's short term assets ($13.7M) do not cover its short term liabilities ($16.3M).
Long Term Liabilities: GVP's short term assets ($13.7M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: GVP has more cash than its total debt.
Reducing Debt: GVP's debt to equity ratio has reduced from 27.7% to 27.1% 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 GVP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GVP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11% per year.