Grand Venture Technology Balance Sheet Health
Financial Health criteria checks 4/6
Grand Venture Technology has a total shareholder equity of SGD122.8M and total debt of SGD67.6M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are SGD235.1M and SGD112.3M respectively. Grand Venture Technology's EBIT is SGD7.4M making its interest coverage ratio 2.9. It has cash and short-term investments of SGD21.8M.
Key information
55.1%
Debt to equity ratio
S$67.64m
Debt
| Interest coverage ratio | 2.9x |
| Cash | S$21.78m |
| Equity | S$122.85m |
| Total liabilities | S$112.25m |
| Total assets | S$235.10m |
Recent financial health updates
Recent updates
Investors Appear Satisfied With Grand Venture Technology Limited's (SGX:JLB) Prospects As Shares Rocket 28%
Dec 19
Is Grand Venture Technology (SGX:JLB) Using Too Much Debt?
Oct 20Grand Venture Technology (SGX:JLB) Might Be Having Difficulty Using Its Capital Effectively
Jul 14Grand Venture Technology Limited (SGX:JLB) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Oct 17With EPS Growth And More, Grand Venture Technology (SGX:JLB) Makes An Interesting Case
Sep 15Grand Venture Technology Limited (SGX:JLB) Just Reported, And Analysts Assigned A S$1.07 Price Target
Aug 14Returns At Grand Venture Technology (SGX:JLB) Are On The Way Up
May 27Here's Why We Think Grand Venture Technology (SGX:JLB) Is Well Worth Watching
Apr 19We Think Shareholders Should Be Aware Of Some Factors Beyond Grand Venture Technology's (SGX:JLB) Profit
Feb 26Financial Position Analysis
Short Term Liabilities: JLB's short term assets (SGD128.3M) exceed its short term liabilities (SGD59.9M).
Long Term Liabilities: JLB's short term assets (SGD128.3M) exceed its long term liabilities (SGD52.3M).
Debt to Equity History and Analysis
Debt Level: JLB's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: JLB's debt to equity ratio has increased from 50.4% to 55.1% over the past 5 years.
Debt Coverage: JLB's debt is well covered by operating cash flow (24.3%).
Interest Coverage: JLB's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:41 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
Grand Venture Technology Limited is covered by 2 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.
| Analyst | Institution |
|---|---|
| Lee Keng Ling | DBS Bank Ltd |
| Amanda Tan | DBS Bank Ltd |