Green Tech Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Green Tech Ventures has a total shareholder equity of THB2.7B and total debt of THB1.3B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are THB5.6B and THB2.8B respectively.
Key information
48.8%
Debt to equity ratio
฿1.33b
Debt
Interest coverage ratio | n/a |
Cash | ฿636.13m |
Equity | ฿2.73b |
Total liabilities | ฿2.83b |
Total assets | ฿5.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTV-R's short term assets (THB2.1B) exceed its short term liabilities (THB1.8B).
Long Term Liabilities: GTV-R's short term assets (THB2.1B) exceed its long term liabilities (THB1.0B).
Debt to Equity History and Analysis
Debt Level: GTV-R's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: GTV-R's debt to equity ratio has increased from 0.4% to 48.8% 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: Whilst unprofitable GTV-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GTV-R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.7% per year.