Green Tech Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Green Tech Ventures has a total shareholder equity of THB2.8B and total debt of THB1.3B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are THB5.7B and THB2.9B respectively.
Key information
47.5%
Debt to equity ratio
฿1.31b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿938.67m |
| Equity | ฿2.75b |
| Total liabilities | ฿2.91b |
| Total assets | ฿5.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTV's short term assets (THB2.8B) exceed its short term liabilities (THB2.3B).
Long Term Liabilities: GTV's short term assets (THB2.8B) exceed its long term liabilities (THB637.3M).
Debt to Equity History and Analysis
Debt Level: GTV's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: GTV's debt to equity ratio has increased from 0.2% to 47.5% 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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GTV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.9% per year.