Generation Development Group Balance Sheet Health
Financial Health criteria checks 6/6
Generation Development Group has a total shareholder equity of A$61.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.1B and A$3.0B respectively. Generation Development Group's EBIT is A$46.3M making its interest coverage ratio 350.9. It has cash and short-term investments of A$3.0B.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 350.9x |
| Cash | AU$3.00b |
| Equity | AU$60.96m |
| Total liabilities | AU$3.01b |
| Total assets | AU$3.07b |
Financial Position Analysis
Short Term Liabilities: GDG's short term assets (A$3.0B) exceed its short term liabilities (A$12.8M).
Long Term Liabilities: GDG's short term assets (A$3.0B) exceed its long term liabilities (A$3.0B).
Debt to Equity History and Analysis
Debt Level: GDG is debt free.
Reducing Debt: GDG had no debt 5 years ago.
Debt Coverage: GDG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GDG has no debt, therefore coverage of interest payments is not a concern.