Gallant Venture Balance Sheet Health
Financial Health criteria checks 6/6
Gallant Venture has a total shareholder equity of SGD747.7M and total debt of SGD382.4M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are SGD1.4B and SGD651.8M respectively. Gallant Venture's EBIT is SGD18.1M making its interest coverage ratio 0.5. It has cash and short-term investments of SGD109.1M.
Key information
51.1%
Debt to equity ratio
S$382.35m
Debt
Interest coverage ratio | 0.5x |
Cash | S$109.14m |
Equity | S$747.73m |
Total liabilities | S$651.75m |
Total assets | S$1.40b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5IG's short term assets (SGD765.0M) exceed its short term liabilities (SGD216.9M).
Long Term Liabilities: 5IG's short term assets (SGD765.0M) exceed its long term liabilities (SGD434.9M).
Debt to Equity History and Analysis
Debt Level: 5IG's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 5IG's debt to equity ratio has reduced from 161.6% to 51.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 5IG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 5IG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 49.1% each year