Grandshores Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Grandshores Technology Group has a total shareholder equity of SGD57.0M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD70.5M and SGD13.6M respectively. Grandshores Technology Group's EBIT is SGD3.2M making its interest coverage ratio -5.5. It has cash and short-term investments of SGD17.3M.
Key information
0%
Debt to equity ratio
S$0
Debt
| Interest coverage ratio | -5.5x |
| Cash | S$17.29m |
| Equity | S$56.96m |
| Total liabilities | S$13.58m |
| Total assets | S$70.54m |
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 (SGD51.2M) exceed its short term liabilities (SGD13.2M).
Long Term Liabilities: 1647's short term assets (SGD51.2M) exceed its long term liabilities (SGD385.9K).
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 4.8%.
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grandshores Technology Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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