Gotion High-techLtd Balance Sheet Health
Financial Health criteria checks 1/6
Gotion High-techLtd has a total shareholder equity of CN¥26.5B and total debt of CN¥44.4B, which brings its debt-to-equity ratio to 167.6%. Its total assets and total liabilities are CN¥103.2B and CN¥76.7B respectively. Gotion High-techLtd's EBIT is CN¥1.3B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥17.4B.
Key information
167.6%
Debt to equity ratio
CN¥44.43b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥17.42b |
| Equity | CN¥26.51b |
| Total liabilities | CN¥76.68b |
| Total assets | CN¥103.20b |
Recent financial health updates
Gotion High-techLtd (SZSE:002074) Use Of Debt Could Be Considered Risky
Aug 08
Here's Why Gotion High-techLtd (SZSE:002074) Can Afford Some Debt
Mar 26Recent updates
Do Gotion High-techLtd's (SZSE:002074) Earnings Warrant Your Attention?
Nov 21Gotion High-techLtd (SZSE:002074) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 05Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares Climb 26% But Its Business Is Yet to Catch Up
Oct 24Gotion High-techLtd (SZSE:002074) Could Be Struggling To Allocate Capital
Aug 26Gotion High-techLtd (SZSE:002074) Use Of Debt Could Be Considered Risky
Aug 08Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares May Have Run Too Fast Too Soon
Jul 16Gotion High-techLtd's (SZSE:002074) Attractive Earnings Are Not All Good News For Shareholders
Apr 26Earnings Miss: Gotion High-tech Co.,Ltd. Missed EPS By 68% And Analysts Are Revising Their Forecasts
Apr 23Investors Will Want Gotion High-techLtd's (SZSE:002074) Growth In ROCE To Persist
Apr 21Here's Why Gotion High-techLtd (SZSE:002074) Can Afford Some Debt
Mar 26Financial Position Analysis
Short Term Liabilities: 002074's short term assets (CN¥47.9B) do not cover its short term liabilities (CN¥52.0B).
Long Term Liabilities: 002074's short term assets (CN¥47.9B) exceed its long term liabilities (CN¥24.6B).
Debt to Equity History and Analysis
Debt Level: 002074's net debt to equity ratio (101.9%) is considered high.
Reducing Debt: 002074's debt to equity ratio has increased from 58.8% to 167.6% over the past 5 years.
Debt Coverage: 002074's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: 002074's interest payments on its debt are not well covered by EBIT (1.6x coverage).