Gallant Venture Balance Sheet Health
Financial Health criteria checks 6/6
Gallant Venture has a total shareholder equity of SGD768.5M and total debt of SGD375.8M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are SGD1.4B and SGD620.3M respectively. Gallant Venture's EBIT is SGD11.0M making its interest coverage ratio 0.4. It has cash and short-term investments of SGD127.8M.
Key information
48.9%
Debt to equity ratio
S$375.78m
Debt
| Interest coverage ratio | 0.4x |
| Cash | S$127.79m |
| Equity | S$768.52m |
| Total liabilities | S$620.27m |
| Total assets | S$1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLVN.F's short term assets (SGD779.9M) exceed its short term liabilities (SGD185.1M).
Long Term Liabilities: GLVN.F's short term assets (SGD779.9M) exceed its long term liabilities (SGD435.2M).
Debt to Equity History and Analysis
Debt Level: GLVN.F's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: GLVN.F's debt to equity ratio has reduced from 133% to 48.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GLVN.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GLVN.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.1% per year.