GTN Balance Sheet Health
Financial Health criteria checks 5/6
GTN has a total shareholder equity of A$224.1M and total debt of A$36.9M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are A$321.8M and A$97.7M respectively.
Key information
16.5%
Debt to equity ratio
AU$36.89m
Debt
Interest coverage ratio | n/a |
Cash | AU$32.49m |
Equity | AU$224.11m |
Total liabilities | AU$97.67m |
Total assets | AU$321.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTNL.F's short term assets (A$83.4M) exceed its short term liabilities (A$37.0M).
Long Term Liabilities: GTNL.F's short term assets (A$83.4M) exceed its long term liabilities (A$60.7M).
Debt to Equity History and Analysis
Debt Level: GTNL.F's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: GTNL.F's debt to equity ratio has reduced from 34.2% to 16.5% over the past 5 years.
Debt Coverage: GTNL.F's debt is well covered by operating cash flow (30.8%).
Interest Coverage: Insufficient data to determine if GTNL.F's interest payments on its debt are well covered by EBIT.