Grand Venture Technology Limited

SGX:JLB Stock Report

Market Cap: S$274.8m

Grand Venture Technology Balance Sheet Health

Financial Health criteria checks 4/6

Grand Venture Technology has a total shareholder equity of SGD132.6M and total debt of SGD71.9M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are SGD264.6M and SGD132.0M respectively. Grand Venture Technology's EBIT is SGD10.2M making its interest coverage ratio 3. It has cash and short-term investments of SGD22.3M.

Key information

54.2%

Debt to equity ratio

S$71.88m

Debt

Interest coverage ratio3x
CashS$22.29m
EquityS$132.63m
Total liabilitiesS$132.01m
Total assetsS$264.63m

Recent financial health updates

Is Grand Venture Technology (SGX:JLB) Using Too Much Debt?

Oct 20
Is Grand Venture Technology (SGX:JLB) Using Too Much Debt?

Recent updates

Grand Venture Technology's (SGX:JLB) Earnings Are Of Questionable Quality

Mar 04
Grand Venture Technology's (SGX:JLB) Earnings Are Of Questionable Quality

New Forecasts: Here's What One Analyst Thinks The Future Holds For Grand Venture Technology Limited (SGX:JLB)

Mar 03
New Forecasts: Here's What One Analyst Thinks The Future Holds For Grand Venture Technology Limited (SGX:JLB)

Results: Grand Venture Technology Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 27
Results: Grand Venture Technology Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Investors Appear Satisfied With Grand Venture Technology Limited's (SGX:JLB) Prospects As Shares Rocket 28%

Dec 19
Investors Appear Satisfied With Grand Venture Technology Limited's (SGX:JLB) Prospects As Shares Rocket 28%

Is Grand Venture Technology (SGX:JLB) Using Too Much Debt?

Oct 20
Is Grand Venture Technology (SGX:JLB) Using Too Much Debt?

Grand Venture Technology (SGX:JLB) Might Be Having Difficulty Using Its Capital Effectively

Jul 14
Grand Venture Technology (SGX:JLB) Might Be Having Difficulty Using Its Capital Effectively

Grand Venture Technology Limited (SGX:JLB) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Oct 17
Grand Venture Technology Limited (SGX:JLB) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

With EPS Growth And More, Grand Venture Technology (SGX:JLB) Makes An Interesting Case

Sep 15
With EPS Growth And More, Grand Venture Technology (SGX:JLB) Makes An Interesting Case

Grand Venture Technology Limited (SGX:JLB) Just Reported, And Analysts Assigned A S$1.07 Price Target

Aug 14
Grand Venture Technology Limited (SGX:JLB) Just Reported, And Analysts Assigned A S$1.07 Price Target

Returns At Grand Venture Technology (SGX:JLB) Are On The Way Up

May 27
Returns At Grand Venture Technology (SGX:JLB) Are On The Way Up

Here's Why We Think Grand Venture Technology (SGX:JLB) Is Well Worth Watching

Apr 19
Here's Why We Think Grand Venture Technology (SGX:JLB) Is Well Worth Watching

We Think Shareholders Should Be Aware Of Some Factors Beyond Grand Venture Technology's (SGX:JLB) Profit

Feb 26
We Think Shareholders Should Be Aware Of Some Factors Beyond Grand Venture Technology's (SGX:JLB) Profit

Financial Position Analysis

Short Term Liabilities: JLB's short term assets (SGD148.5M) exceed its short term liabilities (SGD77.9M).

Long Term Liabilities: JLB's short term assets (SGD148.5M) exceed its long term liabilities (SGD54.2M).

Debt to Equity History and Analysis

Debt Level: JLB's net debt to equity ratio (37.4%) is considered satisfactory.

Reducing Debt: JLB's debt to equity ratio has reduced from 84% to 54.2% over the past 5 years.

Debt Coverage: JLB's debt is not well covered by operating cash flow (15.2%).

Interest Coverage: JLB's interest payments on its debt are not well covered by EBIT (3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/23 23:58
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grand Venture Technology Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amanda TanDBS Bank Ltd