GlobalTech Balance Sheet Health
Financial Health criteria checks 3/6
GlobalTech has a total shareholder equity of $9.3M and total debt of $10.5M, which brings its debt-to-equity ratio to 113%. Its total assets and total liabilities are $55.7M and $46.4M respectively.
Key information
113.0%
Debt to equity ratio
US$10.52m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.76m |
| Equity | US$9.31m |
| Total liabilities | US$46.35m |
| Total assets | US$55.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLTK's short term assets ($17.0M) do not cover its short term liabilities ($39.6M).
Long Term Liabilities: GLTK's short term assets ($17.0M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: GLTK's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: Insufficient data to determine if GLTK'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: Whilst unprofitable GLTK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GLTK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.1% per year.