Generation Development Group Balance Sheet Health
Financial Health criteria checks 6/6
Generation Development Group has a total shareholder equity of A$211.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.7B and A$3.4B respectively. Generation Development Group's EBIT is A$80.9M making its interest coverage ratio 594.8. It has cash and short-term investments of A$3.5B.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 594.8x |
| Cash | AU$3.54b |
| Equity | AU$211.38m |
| Total liabilities | AU$3.44b |
| Total assets | AU$3.65b |
Financial Position Analysis
Short Term Liabilities: GDG's short term assets (A$3.6B) exceed its short term liabilities (A$39.2M).
Long Term Liabilities: GDG's short term assets (A$3.6B) exceed its long term liabilities (A$3.4B).
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.