Gevo has a total debt of $70.18 million.
Understanding a company's debt levels is crucial for investors and stakeholders, as it provides insight into its financial leverage and risk profile. For Gevo, the latest available financial data indicates a specific amount owed to creditors.
Gevo's Financial Snapshot (as of Sep 2024 / 2023)
Based on recent financial statements, here's a summary of key figures for Gevo:
Financial Metric | Value | Period |
---|---|---|
Cash & Short-Term Investment | $375.60 Million | 2023 |
Total Debt | $70.18 Million | 2023 |
Book Value Per Share | $2.11 | Sep 2024 |
Note: The "Total Debt" figure represents the aggregated amount of all financial obligations owed by Gevo to lenders.
This debt figure is an important component when analyzing the company's balance sheet, particularly in relation to its assets and equity. While Gevo does hold significant cash and short-term investments, the debt represents its borrowings that need to be repaid.
For more detailed financial information on Gevo, you can refer to their financial statements available on reputable financial news platforms like Gevo Inc. Financial Statements - WSJ.