Global Mofy Metaverse Balance Sheet Health
Financial Health criteria checks 5/6
Global Mofy Metaverse has a total shareholder equity of $20.8M and total debt of $2.5M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are $27.1M and $6.3M respectively. Global Mofy Metaverse's EBIT is $7.6M making its interest coverage ratio 90. It has cash and short-term investments of $11.2M.
Key information
11.8%
Debt to equity ratio
US$2.47m
Debt
| Interest coverage ratio | 90x |
| Cash | US$11.22m |
| Equity | US$20.82m |
| Total liabilities | US$6.30m |
| Total assets | US$27.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GMM's short term assets ($17.9M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: GMM's short term assets ($17.9M) exceed its long term liabilities ($556.7K).
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 (234.3%).
Interest Coverage: GMM's interest payments on its debt are well covered by EBIT (90x coverage).