Globavend Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Globavend Holdings has a total shareholder equity of $502.2K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.5M and $4.0M respectively. Globavend Holdings's EBIT is $1.1M making its interest coverage ratio -475.8. It has cash and short-term investments of $571.7K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -475.8x |
Cash | US$571.70k |
Equity | US$502.18k |
Total liabilities | US$3.97m |
Total assets | US$4.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GVH's short term assets ($4.0M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: GVH's short term assets ($4.0M) exceed its long term liabilities ($80.2K).
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.