Replies to post #45827 on Ethema Health Corp (GRST)

[Bubae]

Link below. The bullet points provided are under the heading Risk Analysis. See the 0.1 EBIT number? Th ratio of 0.1 means that a company is making 0.1 times its interest payment expense. That is about as bad as that number gets. Look it up.

I have shown this situation weekly with the filings. An example; the interest for the $745K June Leonite note that defaults March 1st had grown to $772K as of September 30th 2022.


SimplyWallStreet
https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health

RISK ANALYSIS
Interest payments are not well covered by earnings

> Debt Level: GRST has negative shareholder equity, which is a more serious situation than a high debt level.

> Reducing Debt: GRST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

> Debt Coverage: GRST's debt is not well covered by operating cash flow (8.9%).

> Interest Coverage: GRST's interest payments on its debt are not well covered by EBIT (0.1x coverage).