Geely Automobile Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Geely Automobile Holdings has a total shareholder equity of CN¥98.7B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥215.7B and CN¥117.0B respectively. Geely Automobile Holdings's EBIT is CN¥5.3B making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥39.3B.
Key information
6.8%
Debt to equity ratio
CN¥6.75b
Debt
| Interest coverage ratio | -6.8x |
| Cash | CN¥39.34b |
| Equity | CN¥98.73b |
| Total liabilities | CN¥116.97b |
| Total assets | CN¥215.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRU's short term assets (CN¥112.4B) exceed its short term liabilities (CN¥104.7B).
Long Term Liabilities: GRU's short term assets (CN¥112.4B) exceed its long term liabilities (CN¥12.2B).
Debt to Equity History and Analysis
Debt Level: GRU has more cash than its total debt.
Reducing Debt: GRU's debt to equity ratio has reduced from 7.6% to 6.8% over the past 5 years.
Debt Coverage: GRU's debt is well covered by operating cash flow (382.1%).
Interest Coverage: GRU earns more interest than it pays, so coverage of interest payments is not a concern.