Globavend Holdings Limited

NasdaqCM:GVH Stock Report

Market Cap: US$11.2m

Globavend Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Globavend Holdings has a total shareholder equity of $4.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.0M and $1.7M respectively. Globavend Holdings's EBIT is $1.9M making its interest coverage ratio -62. It has cash and short-term investments of $3.6M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-62x
CashUS$3.62m
EquityUS$4.37m
Total liabilitiesUS$1.67m
Total assetsUS$6.03m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GVH's short term assets ($5.1M) exceed its short term liabilities ($1.6M).

Long Term Liabilities: GVH's short term assets ($5.1M) exceed its long term liabilities ($59.7K).


Debt to Equity History and Analysis

Debt Level: GVH is debt free.

Reducing Debt: GVH has not had any debt for past 5 years.

Debt Coverage: GVH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GVH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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