Grand Banks Yachts Balance Sheet Health
Financial Health criteria checks 6/6
Grand Banks Yachts has a total shareholder equity of SGD87.2M and total debt of SGD5.5M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are SGD144.4M and SGD57.2M respectively. Grand Banks Yachts's EBIT is SGD29.1M making its interest coverage ratio -37.6. It has cash and short-term investments of SGD42.1M.
Key information
6.4%
Debt to equity ratio
S$5.54m
Debt
| Interest coverage ratio | -37.6x |
| Cash | S$42.08m |
| Equity | S$87.24m |
| Total liabilities | S$57.18m |
| Total assets | S$144.42m |
Recent financial health updates
Here's Why Grand Banks Yachts (SGX:G50) Can Manage Its Debt Responsibly
Feb 15
Grand Banks Yachts (SGX:G50) Has A Pretty Healthy Balance Sheet
Feb 20Does Grand Banks Yachts (SGX:G50) Have A Healthy Balance Sheet?
Jun 10Grand Banks Yachts (SGX:G50) Seems To Use Debt Quite Sensibly
Dec 29
Recent updates
Grand Banks Yachts (SGX:G50) Is Very Good At Capital Allocation
Dec 24We Think Some Shareholders May Hesitate To Increase Grand Banks Yachts Limited's (SGX:G50) CEO Compensation
Oct 17Grand Banks Yachts' (SGX:G50) Promising Earnings May Rest On Soft Foundations
Oct 14Investors Still Aren't Entirely Convinced By Grand Banks Yachts Limited's (SGX:G50) Earnings Despite 26% Price Jump
Sep 05Here's Why Grand Banks Yachts (SGX:G50) Has Caught The Eye Of Investors
Aug 29A Piece Of The Puzzle Missing From Grand Banks Yachts Limited's (SGX:G50) Share Price
May 30Grand Banks Yachts' (SGX:G50) Earnings Are Of Questionable Quality
Feb 22Here's Why Grand Banks Yachts (SGX:G50) Can Manage Its Debt Responsibly
Feb 15Grand Banks Yachts (SGX:G50) Has A Pretty Healthy Balance Sheet
Feb 20We Believe That Grand Banks Yachts' (SGX:G50) Weak Earnings Are A Good Indicator Of Underlying Profitability
Sep 05Does Grand Banks Yachts (SGX:G50) Have A Healthy Balance Sheet?
Jun 10Grand Banks Yachts (SGX:G50) Seems To Use Debt Quite Sensibly
Dec 29Do Its Financials Have Any Role To Play In Driving Grand Banks Yachts Limited's (SGX:G50) Stock Up Recently?
Dec 08Financial Position Analysis
Short Term Liabilities: G50's short term assets (SGD95.3M) exceed its short term liabilities (SGD50.7M).
Long Term Liabilities: G50's short term assets (SGD95.3M) exceed its long term liabilities (SGD6.5M).
Debt to Equity History and Analysis
Debt Level: G50 has more cash than its total debt.
Reducing Debt: G50's debt to equity ratio has reduced from 29.1% to 6.4% over the past 5 years.
Debt Coverage: G50's debt is well covered by operating cash flow (162.7%).
Interest Coverage: G50 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 | 2025/02/01 21:31 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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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Industry and Sector Metrics
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Analyst Sources
Grand Banks Yachts Limited is covered by 0 analysts. 0 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 |
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