Global Tax Free Balance Sheet Health
Financial Health criteria checks 6/6
Global Tax Free has a total shareholder equity of ₩112.1B and total debt of ₩7.0B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₩168.8B and ₩56.7B respectively. Global Tax Free's EBIT is ₩15.6B making its interest coverage ratio -104.3. It has cash and short-term investments of ₩85.0B.
Key information
6.2%
Debt to equity ratio
₩6.95b
Debt
| Interest coverage ratio | -104.3x |
| Cash | ₩85.03b |
| Equity | ₩112.07b |
| Total liabilities | ₩56.68b |
| Total assets | ₩168.75b |
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 (₩121.4B) exceed its short term liabilities (₩50.8B).
Long Term Liabilities: A204620's short term assets (₩121.4B) exceed its long term liabilities (₩5.9B).
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 27.1% to 6.2% 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: Whilst unprofitable A204620 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A204620 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.5% per year.