G-Resources Group Balance Sheet Health
Financial Health criteria checks 6/6
G-Resources Group has a total shareholder equity of $1.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $31.3M respectively. G-Resources Group's EBIT is $106.2M making its interest coverage ratio -70774. It has cash and short-term investments of $751.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -70774x |
Cash | US$751.50m |
Equity | US$1.54b |
Total liabilities | US$31.28m |
Total assets | US$1.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1051's short term assets ($824.7M) exceed its short term liabilities ($30.9M).
Long Term Liabilities: 1051's short term assets ($824.7M) exceed its long term liabilities ($330.0K).
Debt to Equity History and Analysis
Debt Level: 1051 is debt free.
Reducing Debt: 1051 has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: 1051 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1051 has no debt, therefore coverage of interest payments is not a concern.