GR Engineering Services Limited

ASX:GNG Stock Report

Market Cap: AU$375.5m

GR Engineering Services Balance Sheet Health

Financial Health criteria checks 6/6

GR Engineering Services has a total shareholder equity of A$58.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$173.1M and A$114.8M respectively. GR Engineering Services's EBIT is A$39.1M making its interest coverage ratio -19.2. It has cash and short-term investments of A$58.4M.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ratio-19.2x
CashAU$58.35m
EquityAU$58.25m
Total liabilitiesAU$114.81m
Total assetsAU$173.06m

Recent financial health updates

Recent updates

GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

Aug 28
GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

Nov 16
We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

Aug 24
GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

Feb 24
GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Nov 04
GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

May 23
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Apr 05
Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Mar 21
Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

Mar 06
Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

Feb 24
GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 23
GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Feb 06
What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Jan 10
Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Dec 15
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Zooming in on ASX:GNG's 5.5% Dividend Yield

Nov 24
Zooming in on ASX:GNG's 5.5% Dividend Yield

Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

Aug 20
Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Jul 16
GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Financial Position Analysis

Short Term Liabilities: GNG's short term assets (A$125.5M) exceed its short term liabilities (A$108.4M).

Long Term Liabilities: GNG's short term assets (A$125.5M) exceed its long term liabilities (A$6.4M).


Debt to Equity History and Analysis

Debt Level: GNG is debt free.

Reducing Debt: GNG had no debt 5 years ago.

Debt Coverage: GNG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GNG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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