Cayman Island Grand Galactica Balance Sheet Health
Financial Health criteria checks 6/6
Cayman Island Grand Galactica has a total shareholder equity of NT$549.9M and total debt of NT$15.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are NT$768.7M and NT$218.8M respectively.
Key information
2.7%
Debt to equity ratio
NT$15.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$399.12m |
| Equity | NT$549.91m |
| Total liabilities | NT$218.76m |
| Total assets | NT$768.67m |
Financial Position Analysis
Short Term Liabilities: 2924's short term assets (NT$721.0M) exceed its short term liabilities (NT$216.4M).
Long Term Liabilities: 2924's short term assets (NT$721.0M) exceed its long term liabilities (NT$2.4M).
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 51.4% to 2.7% 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 16% each year