GoodWe Technologies Balance Sheet Health
Financial Health criteria checks 3/6
GoodWe Technologies has a total shareholder equity of CN¥3.0B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are CN¥7.7B and CN¥4.7B respectively.
Key information
52.5%
Debt to equity ratio
CN¥1.60b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥854.37m |
| Equity | CN¥3.04b |
| Total liabilities | CN¥4.66b |
| Total assets | CN¥7.70b |
Recent financial health updates
These 4 Measures Indicate That GoodWe Technologies (SHSE:688390) Is Using Debt Extensively
Oct 23
GoodWe Technologies (SHSE:688390) Takes On Some Risk With Its Use Of Debt
May 24Recent updates
These 4 Measures Indicate That GoodWe Technologies (SHSE:688390) Is Using Debt Extensively
Oct 23GoodWe Technologies Co., Ltd.'s (SHSE:688390) Shares Leap 27% Yet They're Still Not Telling The Full Story
Oct 01The Returns On Capital At GoodWe Technologies (SHSE:688390) Don't Inspire Confidence
Sep 23Investors Aren't Entirely Convinced By GoodWe Technologies Co., Ltd.'s (SHSE:688390) Earnings
Aug 03GoodWe Technologies (SHSE:688390) Might Be Having Difficulty Using Its Capital Effectively
Jun 14GoodWe Technologies (SHSE:688390) Takes On Some Risk With Its Use Of Debt
May 24Why GoodWe Technologies' (SHSE:688390) Soft Earnings Are Just The Beginning Of Its Problems
May 02GoodWe Technologies Co., Ltd.'s (SHSE:688390) Prospects Need A Boost To Lift Shares
Mar 15Financial Position Analysis
Short Term Liabilities: 688390's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 688390's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥520.6M).
Debt to Equity History and Analysis
Debt Level: 688390's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 688390's debt to equity ratio has increased from 12.4% to 52.5% over the past 5 years.
Debt Coverage: 688390's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688390's interest payments on its debt are well covered by EBIT.