Grandshores Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Grandshores Technology Group has a total shareholder equity of SGD59.3M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD73.9M and SGD14.6M respectively. Grandshores Technology Group's EBIT is SGD1.8M making its interest coverage ratio -3.3. It has cash and short-term investments of SGD20.1M.
Key information
0%
Debt to equity ratio
S$0
Debt
| Interest coverage ratio | -3.3x |
| Cash | S$20.13m |
| Equity | S$59.35m |
| Total liabilities | S$14.55m |
| Total assets | S$73.90m |
Recent financial health updates
No updates
Recent updates
Grandshores Technology Group Limited (HKG:1647) Soars 82% But It's A Story Of Risk Vs Reward
Nov 21
Even With A 47% Surge, Cautious Investors Are Not Rewarding Grandshores Technology Group Limited's (HKG:1647) Performance Completely
Oct 07Some Investors May Be Worried About Grandshores Technology Group's (HKG:1647) Returns On Capital
Oct 02Statutory Profit Doesn't Reflect How Good Grandshores Technology Group's (HKG:1647) Earnings Are
Aug 07Investors Appear Satisfied With Grandshores Technology Group Limited's (HKG:1647) Prospects As Shares Rocket 28%
Feb 16Grandshores Technology Group Limited's (HKG:1647) 26% Jump Shows Its Popularity With Investors
Dec 20There's Reason For Concern Over Grandshores Technology Group Limited's (HKG:1647) Price
Aug 07Grandshores Technology Group (HKG:1647) Will Be Hoping To Turn Its Returns On Capital Around
Dec 30Robust Earnings May Not Tell The Whole Story For Grandshores Technology Group (HKG:1647)
Aug 06Financial Position Analysis
Short Term Liabilities: 1647's short term assets (SGD54.7M) exceed its short term liabilities (SGD14.3M).
Long Term Liabilities: 1647's short term assets (SGD54.7M) exceed its long term liabilities (SGD250.6K).
Debt to Equity History and Analysis
Debt Level: 1647 is debt free.
Reducing Debt: 1647 has no debt compared to 5 years ago when its debt to equity ratio was 5.3%.
Debt Coverage: 1647 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1647 has no debt, therefore coverage of interest payments is not a concern.