Global Mofy AI Balance Sheet Health
Financial Health criteria checks 5/6
Global Mofy AI has a total shareholder equity of $39.0M and total debt of $2.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $49.7M and $10.8M respectively. Global Mofy AI's EBIT is $13.7M making its interest coverage ratio -1239.2. It has cash and short-term investments of $8.2M.
Key information
5.0%
Debt to equity ratio
US$1.95m
Debt
| Interest coverage ratio | -1239.2x |
| Cash | US$8.15m |
| Equity | US$38.96m |
| Total liabilities | US$10.77m |
| Total assets | US$49.73m |
Financial Position Analysis
Short Term Liabilities: GMM's short term assets ($17.8M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: GMM's short term assets ($17.8M) exceed its long term liabilities ($5.0M).
Debt to Equity History and Analysis
Debt Level: GMM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GMM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GMM's debt is well covered by operating cash flow (880.8%).
Interest Coverage: GMM earns more interest than it pays, so coverage of interest payments is not a concern.