Greatoo Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 3/6
Greatoo Intelligent Equipment has a total shareholder equity of CN¥2.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are CN¥4.4B and CN¥1.9B respectively. Greatoo Intelligent Equipment's EBIT is CN¥3.5M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥130.6M.
Key information
50.0%
Debt to equity ratio
CN¥1.22b
Debt
| Interest coverage ratio | 0.07x |
| Cash | CN¥130.61m |
| Equity | CN¥2.44b |
| Total liabilities | CN¥1.94b |
| Total assets | CN¥4.38b |
Recent financial health updates
Greatoo Intelligent Equipment (SZSE:002031) Is Making Moderate Use Of Debt
Jul 26
Does Greatoo Intelligent Equipment (SZSE:002031) Have A Healthy Balance Sheet?
Feb 28Recent updates
Greatoo Intelligent Equipment Inc.'s (SZSE:002031) Popularity With Investors Is Under Threat From Overpricing
Sep 19Greatoo Intelligent Equipment (SZSE:002031) Is Making Moderate Use Of Debt
Jul 26Greatoo Intelligent Equipment Inc.'s (SZSE:002031) 29% Share Price Plunge Could Signal Some Risk
Jun 05Risks Still Elevated At These Prices As Greatoo Intelligent Equipment Inc. (SZSE:002031) Shares Dive 29%
Jun 05Greatoo Intelligent Equipment Inc.'s (SZSE:002031) 26% Share Price Surge Not Quite Adding Up
Mar 06Does Greatoo Intelligent Equipment (SZSE:002031) Have A Healthy Balance Sheet?
Feb 28Financial Position Analysis
Short Term Liabilities: 002031's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002031's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥511.6M).
Debt to Equity History and Analysis
Debt Level: 002031's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 002031's debt to equity ratio has reduced from 52.6% to 50% 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: 002031 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002031 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59% each year