Cayman Island Grand Galactica Balance Sheet Health
Financial Health criteria checks 6/6
Cayman Island Grand Galactica has a total shareholder equity of NT$158.1M and total debt of NT$65.0M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are NT$246.7M and NT$88.6M respectively.
Key information
41.1%
Debt to equity ratio
NT$65.00m
Debt
Interest coverage ratio | n/a |
Cash | NT$118.07m |
Equity | NT$158.10m |
Total liabilities | NT$88.64m |
Total assets | NT$246.74m |
Financial Position Analysis
Short Term Liabilities: 2924's short term assets (NT$133.7M) exceed its short term liabilities (NT$85.4M).
Long Term Liabilities: 2924's short term assets (NT$133.7M) exceed its long term liabilities (NT$3.3M).
Debt to Equity History and Analysis
Debt Level: 2924 has more cash than its total debt.
Reducing Debt: 2924's debt to equity ratio has reduced from 42.6% to 41.1% 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: 2924 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2924 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.5% each year