Grand Ocean Retail Group Balance Sheet Health
Financial Health criteria checks 1/6
Grand Ocean Retail Group has a total shareholder equity of NT$5.1B and total debt of NT$3.8B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are NT$24.2B and NT$19.2B respectively.
Key information
74.2%
Debt to equity ratio
NT$3.76b
Debt
Interest coverage ratio | n/a |
Cash | NT$1.04b |
Equity | NT$5.07b |
Total liabilities | NT$19.16b |
Total assets | NT$24.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5907's short term assets (NT$2.1B) do not cover its short term liabilities (NT$6.2B).
Long Term Liabilities: 5907's short term assets (NT$2.1B) do not cover its long term liabilities (NT$13.0B).
Debt to Equity History and Analysis
Debt Level: 5907's net debt to equity ratio (53.8%) is considered high.
Reducing Debt: 5907's debt to equity ratio has increased from 42.4% to 74.2% over the past 5 years.
Debt Coverage: 5907's debt is well covered by operating cash flow (33.2%).
Interest Coverage: Insufficient data to determine if 5907's interest payments on its debt are well covered by EBIT.