Creative Global Technology Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Creative Global Technology Holdings has a total shareholder equity of $10.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.0M and $2.2M respectively. Creative Global Technology Holdings's EBIT is $3.5M making its interest coverage ratio -501.4. It has cash and short-term investments of $2.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -501.4x |
| Cash | US$2.80m |
| Equity | US$10.73m |
| Total liabilities | US$2.24m |
| Total assets | US$12.97m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CGTL's short term assets ($12.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: CGTL's short term assets ($12.1M) exceed its long term liabilities ($49.5K).
Debt to Equity History and Analysis
Debt Level: CGTL is debt free.
Reducing Debt: CGTL had no debt 5 years ago.
Debt Coverage: CGTL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CGTL has no debt, therefore coverage of interest payments is not a concern.