General Finance Maintains Strong Capital and Liquidity Ratios

General Finance Limited (NZX: GEN) has maintained a solid capital ratio of 21.71% as of September 30, 2024, well above the required minimum of 8%, ensuring its ability to absorb potential losses. The company's related party exposures are at 5.85%, remaining below the 10% limit set by its Trust Deed. In terms of liquidity, General Finance boasts a liquidity cover ratio of 4.58 times, significantly exceeding the minimum requirement of 1.25 times. This strong liquidity position indicates that the company has ample realisable assets to meet its obligations. General Finance reported total assets of $180.4 million and a net profit after tax of $764,391 for the quarter.

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