Global Testing Balance Sheet Health
Financial Health criteria checks 6/6
Global Testing has a total shareholder equity of $44.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $54.8M and $10.4M respectively. Global Testing's EBIT is $1.6M making its interest coverage ratio -2.2. It has cash and short-term investments of $17.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -2.2x |
| Cash | US$17.56m |
| Equity | US$44.44m |
| Total liabilities | US$10.39m |
| Total assets | US$54.83m |
Recent financial health updates
No updates
Recent updates
Global Testing Corporation Limited's (SGX:AYN) Price Is Right But Growth Is Lacking
Dec 28
Global Testing (SGX:AYN) Is Experiencing Growth In Returns On Capital
Nov 01Global Testing (SGX:AYN) Is Achieving High Returns On Its Capital
Jun 01Why We Like The Returns At Global Testing (SGX:AYN)
Jun 10Here's What To Make Of Global Testing's (SGX:AYN) Decelerating Rates Of Return
Dec 05Global Testing's (SGX:AYN) Promising Earnings May Rest On Soft Foundations
Aug 22Global Testing's (SGX:AYN) Returns On Capital Not Reflecting Well On The Business
Jun 09The Returns On Capital At Global Testing (SGX:AYN) Don't Inspire Confidence
Feb 24Financial Position Analysis
Short Term Liabilities: AYN's short term assets ($26.7M) exceed its short term liabilities ($10.2M).
Long Term Liabilities: AYN's short term assets ($26.7M) exceed its long term liabilities ($175.0K).
Debt to Equity History and Analysis
Debt Level: AYN is debt free.
Reducing Debt: AYN had no debt 5 years ago.
Debt Coverage: AYN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AYN has no debt, therefore coverage of interest payments is not a concern.