Global Masters Fund Balance Sheet Health
Financial Health criteria checks 2/6
Global Masters Fund has a total shareholder equity of A$32.9M and total debt of A$8.9M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are A$48.9M and A$16.1M respectively. Global Masters Fund's EBIT is A$272.2K making its interest coverage ratio 0.3. It has cash and short-term investments of A$257.7K.
Key information
27.0%
Debt to equity ratio
AU$8.89m
Debt
Interest coverage ratio | 0.3x |
Cash | AU$257.71k |
Equity | AU$32.87m |
Total liabilities | AU$16.06m |
Total assets | AU$48.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFL's short term assets (A$362.5K) exceed its short term liabilities (A$18.0K).
Long Term Liabilities: GFL's short term assets (A$362.5K) do not cover its long term liabilities (A$16.0M).
Debt to Equity History and Analysis
Debt Level: GFL's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: GFL's debt to equity ratio has increased from 0% to 27% 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: GFL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GFL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.3% each year