GT Gold Holdings Balance Sheet Health
Financial Health criteria checks 5/6
GT Gold Holdings has a total shareholder equity of HK$685.1M and total debt of HK$198.1M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are HK$1.6B and HK$869.2M respectively. GT Gold Holdings's EBIT is HK$71.7M making its interest coverage ratio 5.8. It has cash and short-term investments of HK$172.8M.
Key information
28.9%
Debt to equity ratio
HK$198.06m
Debt
| Interest coverage ratio | 5.8x |
| Cash | HK$172.84m |
| Equity | HK$685.14m |
| Total liabilities | HK$869.25m |
| Total assets | HK$1.55b |
Recent financial health updates
Here's Why Grand T G Gold Holdings (HKG:8299) Is Weighed Down By Its Debt Load
Dec 28
Does Grand T G Gold Holdings (HKG:8299) Have A Healthy Balance Sheet?
Mar 22Is Grand T G Gold Holdings (HKG:8299) Weighed On By Its Debt Load?
Jul 08Is Grand T G Gold Holdings (HKG:8299) Weighed On By Its Debt Load?
Mar 25Grand T G Gold Holdings (HKG:8299) Has Debt But No Earnings; Should You Worry?
Dec 10
Recent updates
Grand T G Gold Holdings Limited's (HKG:8299) Popularity With Investors Is Under Threat From Overpricing
Sep 16Grand T G Gold Holdings' (HKG:8299) Earnings Are Built On Soft Foundations
Jul 31If EPS Growth Is Important To You, Grand T G Gold Holdings (HKG:8299) Presents An Opportunity
Jun 28Earnings Not Telling The Story For Grand T G Gold Holdings Limited (HKG:8299) After Shares Rise 26%
Mar 11Here's Why Grand T G Gold Holdings (HKG:8299) Is Weighed Down By Its Debt Load
Dec 28Grand T G Gold Holdings' (HKG:8299) Earnings Are Weaker Than They Seem
Nov 16Returns On Capital At Grand T G Gold Holdings (HKG:8299) Paint A Concerning Picture
Jun 07Does Grand T G Gold Holdings (HKG:8299) Have A Healthy Balance Sheet?
Mar 22Here's Why We Think Grand T G Gold Holdings (HKG:8299) Is Well Worth Watching
Feb 17Here's What To Make Of Grand T G Gold Holdings' (HKG:8299) Decelerating Rates Of Return
Dec 08Grand T G Gold Holdings (HKG:8299) Is Finding It Tricky To Allocate Its Capital
Mar 09Is Grand T G Gold Holdings (HKG:8299) Weighed On By Its Debt Load?
Jul 08Is Grand T G Gold Holdings (HKG:8299) Weighed On By Its Debt Load?
Mar 25Grand T G Gold Holdings (HKG:8299) Has Debt But No Earnings; Should You Worry?
Dec 10Financial Position Analysis
Short Term Liabilities: 8299's short term assets (HK$439.3M) exceed its short term liabilities (HK$372.5M).
Long Term Liabilities: 8299's short term assets (HK$439.3M) do not cover its long term liabilities (HK$496.7M).
Debt to Equity History and Analysis
Debt Level: 8299's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 8299's debt to equity ratio has reduced from 145.8% to 28.9% over the past 5 years.
Debt Coverage: 8299's debt is well covered by operating cash flow (191.1%).
Interest Coverage: 8299's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 17:04 |
| End of Day Share Price | 2025/01/23 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
GT Gold Holdings 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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