GTN Balance Sheet Health
Financial Health criteria checks 5/6
GTN has a total shareholder equity of A$220.1M and total debt of A$22.6M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are A$310.9M and A$90.8M respectively.
Key information
10.3%
Debt to equity ratio
AU$22.63m
Debt
Interest coverage ratio | n/a |
Cash | AU$23.63m |
Equity | AU$220.05m |
Total liabilities | AU$90.83m |
Total assets | AU$310.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTN's short term assets (A$85.1M) exceed its short term liabilities (A$44.4M).
Long Term Liabilities: GTN's short term assets (A$85.1M) exceed its long term liabilities (A$46.4M).
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 24.9% to 10.3% over the past 5 years.
Debt Coverage: GTN's debt is well covered by operating cash flow (72.6%).
Interest Coverage: Insufficient data to determine if GTN's interest payments on its debt are well covered by EBIT.