Global Tax Free Balance Sheet Health
Financial Health criteria checks 5/6
Global Tax Free has a total shareholder equity of ₩114.7B and total debt of ₩11.3B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ₩179.6B and ₩64.9B respectively. Global Tax Free's EBIT is ₩20.5B making its interest coverage ratio -55.9. It has cash and short-term investments of ₩79.3B.
Key information
9.9%
Debt to equity ratio
₩11.31b
Debt
| Interest coverage ratio | -55.9x |
| Cash | ₩79.31b |
| Equity | ₩114.69b |
| Total liabilities | ₩64.90b |
| Total assets | ₩179.59b |
Recent financial health updates
Recent updates
Global Tax Free Co., Ltd. (KOSDAQ:204620) Not Lagging Industry On Growth Or Pricing
Jul 12
Global 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 (₩123.3B) exceed its short term liabilities (₩59.3B).
Long Term Liabilities: A204620's short term assets (₩123.3B) exceed its long term liabilities (₩5.6B).
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 26% to 9.9% 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.