Global Tax Free Balance Sheet Health
Financial Health criteria checks 5/6
Global Tax Free has a total shareholder equity of ₩108.6B and total debt of ₩8.4B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₩166.9B and ₩58.3B respectively. Global Tax Free's EBIT is ₩14.8B making its interest coverage ratio -58.4. It has cash and short-term investments of ₩68.6B.
Key information
7.7%
Debt to equity ratio
₩8.39b
Debt
| Interest coverage ratio | -58.4x |
| Cash | ₩68.62b |
| Equity | ₩108.60b |
| Total liabilities | ₩58.34b |
| Total assets | ₩166.93b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A204620's short term assets (₩119.6B) exceed its short term liabilities (₩52.3B).
Long Term Liabilities: A204620's short term assets (₩119.6B) exceed its long term liabilities (₩6.1B).
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 20.9% to 7.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A204620 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if A204620 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.