GLG Life Tech Corporation GLGLF OTC

Other OTC • Consumer Defensive • Agricultural Farm Products • CA • USD

SharesGrow Score

44/100

2/5 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

GLG Life Tech Corporation (GLGLF) reported total assets of $28.05M and total liabilities of $133.45M for fiscal year 2024, resulting in total equity of $-105.4M.

The company held $276.89K in cash and short-term investments. Total debt stood at $80.88M, with net debt of $80.6M. The Debt-to-Equity (D/E) ratio was -0.77 (conservative).

Current ratio is 0.21, which may signal tight short-term liquidity. Interest coverage is 0.1x (weak).

Criteria supported by this page:

HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
MOAT (7/100) — Total assets $28.05M and equity $-105.4M support the company's competitive scale

Overall SharesGrow Score: 42/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

44/100

SG Score

View full scorecard →

—

VALUE

N/A

No coverage

—

FUTURE

N/A

No coverage

✗

PAST

25/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

7/100

→ Income

✓

GROWTH

90/100

→ Income

✓

INCOME

100/100

→ Income

GLG Life Tech Corporation Balance Sheet History

Metric	FY2024	FY2023	FY2022	FY2021
Total Assets	$28.05M	$10.07M	$22.95M	$24.55M
Total Liabilities	$133.45M	$179.99M	$203.61M	$172.52M
Total Debt	$80.88M	$74.16M	$111.84M	$99.85M
Cash & Investments	$276.89K	$386.36K	$361.2K	$239.35K
Total Stockholders Equity	$-105.42M	$-169.07M	$-179.6M	$-147.15M