Global Tax Free Balance Sheet Health
Financial Health criteria checks 5/6
Global Tax Free has a total shareholder equity of ₩127.9B and total debt of ₩5.2B, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₩178.5B and ₩50.6B respectively. Global Tax Free's EBIT is ₩23.3B making its interest coverage ratio -34.5. It has cash and short-term investments of ₩97.7B.
Key information
4.1%
Debt to equity ratio
₩5.24b
Debt
| Interest coverage ratio | -34.5x |
| Cash | ₩97.66b |
| Equity | ₩127.88b |
| Total liabilities | ₩50.61b |
| Total assets | ₩178.49b |
Recent financial health updates
Does Global Tax Free (KOSDAQ:204620) Have A Healthy Balance Sheet?
Dec 13
Is Global Tax Free (KOSDAQ:204620) A Risky Investment?
Apr 28Recent updates
Does Global Tax Free (KOSDAQ:204620) Have A Healthy Balance Sheet?
Dec 13Why Investors Shouldn't Be Surprised By Global Tax Free Co., Ltd.'s (KOSDAQ:204620) P/S
Nov 25Global Tax Free Co., Ltd. (KOSDAQ:204620) Not Lagging Industry On Growth Or Pricing
Jul 12Global Tax Free Co., Ltd. (KOSDAQ:204620) Shares Could Be 37% Below Their Intrinsic Value Estimate
May 31Is Global Tax Free (KOSDAQ:204620) A Risky Investment?
Apr 28Global Tax Free Co., Ltd.'s (KOSDAQ:204620) P/S Is Still On The Mark Following 28% Share Price Bounce
Apr 01Global Tax Free (KOSDAQ:204620) Share Prices Have Dropped 30% In The Last Three Years
Nov 25Financial Position Analysis
Short Term Liabilities: A204620's short term assets (₩136.0B) exceed its short term liabilities (₩45.6B).
Long Term Liabilities: A204620's short term assets (₩136.0B) exceed its long term liabilities (₩5.0B).
Debt to Equity History and Analysis
Debt Level: A204620 has more cash than its total debt.
Reducing Debt: A204620's debt to equity ratio has reduced from 25.5% to 4.1% over the past 5 years.
Debt Coverage: A204620's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A204620 earns more interest than it pays, so 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 | 2024/12/26 19:23 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Global Tax Free Co., Ltd. is covered by 4 analysts. 4 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 |
|---|---|
| Eun-Ae Cho | LS Securities Co., Ltd. |
| Eun Jung Song | Nomura Securities Co. Ltd. |
| Sun-Jae Heo | SK Securities Co., Ltd. |