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 |
Cash | AU$58.35m |
Equity | AU$58.25m |
Total liabilities | AU$114.81m |
Total assets | AU$173.06m |
Recent financial health updates
No updates
Recent updates
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.