Glidelogic Balance Sheet Health
Financial Health criteria checks 2/6
Glidelogic has a total shareholder equity of $3.5K and total debt of $6.0K, which brings its debt-to-equity ratio to 169.8%. Its total assets and total liabilities are $9.6K and $6.0K respectively.
Key information
169.8%
Debt to equity ratio
US$6.01k
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.90k |
| Equity | US$3.54k |
| Total liabilities | US$6.01k |
| Total assets | US$9.55k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDLG's short term assets ($5.9K) do not cover its short term liabilities ($6.0K).
Long Term Liabilities: GDLG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GDLG's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GDLG'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: GDLG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GDLG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.9% each year