GTN Balance Sheet Health
Financial Health criteria checks 6/6
GTN has a total shareholder equity of A$217.9M and total debt of A$8.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are A$299.3M and A$81.4M respectively. GTN's EBIT is A$1.2M making its interest coverage ratio -0.2. It has cash and short-term investments of A$31.6M.
Key information
3.7%
Debt to equity ratio
AU$7.97m
Debt
| Interest coverage ratio | -0.2x |
| Cash | AU$31.56m |
| Equity | AU$217.87m |
| Total liabilities | AU$81.43m |
| Total assets | AU$299.30m |
Recent financial health updates
Is GTN (ASX:GTN) Using Too Much Debt?
Nov 15
Does GTN (ASX:GTN) Have A Healthy Balance Sheet?
Feb 25Does GTN (ASX:GTN) Have A Healthy Balance Sheet?
Jun 21Is GTN (ASX:GTN) A Risky Investment?
May 02Recent updates
When Should You Buy GTN Limited (ASX:GTN)?
Aug 22What Is GTN Limited's (ASX:GTN) Share Price Doing?
Jan 24Investors Appear Satisfied With GTN Limited's (ASX:GTN) Prospects
Dec 19Is GTN (ASX:GTN) Using Too Much Debt?
Nov 15GTN's (ASX:GTN) Returns On Capital Not Reflecting Well On The Business
Aug 23Shareholders Can Be Confident That GTN's (ASX:GTN) Earnings Are High Quality
Mar 02Does GTN (ASX:GTN) Have A Healthy Balance Sheet?
Feb 25Is It Time To Consider Buying GTN Limited (ASX:GTN)?
Jan 20Should You Think About Buying GTN Limited (ASX:GTN) Now?
Jul 29Does GTN (ASX:GTN) Have A Healthy Balance Sheet?
Jun 21GTN Limited's (ASX:GTN) Intrinsic Value Is Potentially 27% Above Its Share Price
Jan 17We Think Shareholders May Want To Consider A Review Of GTN Limited's (ASX:GTN) CEO Compensation Package
Nov 04At AU$0.56, Is It Time To Put GTN Limited (ASX:GTN) On Your Watch List?
Oct 08When Should You Buy GTN Limited (ASX:GTN)?
May 23Is GTN (ASX:GTN) A Risky Investment?
May 02A Look At GTN's (ASX:GTN) CEO Remuneration
Feb 21Read This Before Selling GTN Limited (ASX:GTN) Shares
Jan 16How Much Did GTN's(ASX:GTN) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 12Financial Position Analysis
Short Term Liabilities: GTN's short term assets (A$78.7M) exceed its short term liabilities (A$47.4M).
Long Term Liabilities: GTN's short term assets (A$78.7M) exceed its long term liabilities (A$34.0M).
Debt to Equity History and Analysis
Debt Level: GTN has more cash than its total debt.
Reducing Debt: GTN's debt to equity ratio has reduced from 25% to 3.7% over the past 5 years.
Debt Coverage: GTN's debt is well covered by operating cash flow (347.9%).
Interest Coverage: GTN earns more interest than it pays, so coverage of interest payments is not a concern.