Grand Parade Investments Balance Sheet Health
Financial Health criteria checks 6/6
Grand Parade Investments has a total shareholder equity of ZAR1.1B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR1.1B and ZAR34.7M respectively.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | n/a |
| Cash | R160.29m |
| Equity | R1.10b |
| Total liabilities | R34.71m |
| Total assets | R1.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GPL's short term assets (ZAR163.1M) exceed its short term liabilities (ZAR31.7M).
Long Term Liabilities: GPL's short term assets (ZAR163.1M) exceed its long term liabilities (ZAR3.0M).
Debt to Equity History and Analysis
Debt Level: GPL is debt free.
Reducing Debt: GPL has no debt compared to 5 years ago when its debt to equity ratio was 33%.
Debt Coverage: GPL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GPL has no debt, therefore coverage of interest payments is not a concern.