Globetronics Technology Bhd Balance Sheet Health
Financial Health criteria checks 6/6
Globetronics Technology Bhd has a total shareholder equity of MYR308.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR336.0M and MYR27.9M respectively. Globetronics Technology Bhd's EBIT is MYR27.4M making its interest coverage ratio -5.9. It has cash and short-term investments of MYR210.4M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | -5.9x |
| Cash | RM210.44m |
| Equity | RM308.13m |
| Total liabilities | RM27.91m |
| Total assets | RM336.04m |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Globetronics Technology Bhd (KLSE:GTRONIC) Aren't Ideal
Apr 21
Globetronics Technology Bhd (KLSE:GTRONIC) Is Paying Out Less In Dividends Than Last Year
Nov 05Why Globetronics Technology Bhd. (KLSE:GTRONIC) Could Be Worth Watching
Aug 23Is Now An Opportune Moment To Examine Globetronics Technology Bhd. (KLSE:GTRONIC)?
May 12Return Trends At Globetronics Technology Bhd (KLSE:GTRONIC) Aren't Appealing
Mar 29Globetronics Technology Bhd (KLSE:GTRONIC) Is Paying Out A Dividend Of MYR0.02
Nov 17Globetronics Technology Bhd's (KLSE:GTRONIC) Dividend Will Be MYR0.02
Nov 03Financial Position Analysis
Short Term Liabilities: GTRONIC's short term assets (MYR237.0M) exceed its short term liabilities (MYR27.9M).
Long Term Liabilities: GTRONIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTRONIC is debt free.
Reducing Debt: GTRONIC has no debt compared to 5 years ago when its debt to equity ratio was 8.3%.
Debt Coverage: GTRONIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GTRONIC has no debt, therefore coverage of interest payments is not a concern.