Gongniu GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Gongniu GroupLtd has a total shareholder equity of CN¥15.4B and total debt of CN¥688.4M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥21.3B and CN¥5.9B respectively. Gongniu GroupLtd's EBIT is CN¥4.4B making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥15.9B.
Key information
4.5%
Debt to equity ratio
CN¥688.35m
Debt
| Interest coverage ratio | -11.8x |
| Cash | CN¥15.91b |
| Equity | CN¥15.43b |
| Total liabilities | CN¥5.86b |
| Total assets | CN¥21.30b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603195's short term assets (CN¥17.7B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 603195's short term assets (CN¥17.7B) exceed its long term liabilities (CN¥237.0M).
Debt to Equity History and Analysis
Debt Level: 603195 has more cash than its total debt.
Reducing Debt: 603195's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: 603195's debt is well covered by operating cash flow (712.8%).
Interest Coverage: 603195 earns more interest than it pays, so coverage of interest payments is not a concern.