What’s the story here? Just looking at the financials for GRAT and it isn’t pretty after Chry suggested we get “aboard”
Current assets 61,326
Current liabilities6,133,163
Last 6 months 1.3 million net loss
Can’t find any income
Working Capital: -6.07 million, showing the company is in a negative position and ? struggle to meet short-term obligations.
Current Ratio: 0.01, extremely low, indicating liquidity issues.
Quick Ratio: 0.01, confirming the company is struggling with short-term liquidity.
Net Loss: $1.3 million in the last six months, exacerbating the financial situation with no visible income stream.
This company's financial position looks weak, and it may be at risk of liquidity problems or even insolvency without an influx of cash or income sources.
To me this is getting aboard a terror train
What have I missed?
'Dont own it and not getting aboard-but maybe I missed some hidden assets or income? If so tell me where-this data from sedar