Ginlong Technologies Balance Sheet Health
Financial Health criteria checks 0/6
Ginlong Technologies has a total shareholder equity of CN¥7.8B and total debt of CN¥10.3B, which brings its debt-to-equity ratio to 131.7%. Its total assets and total liabilities are CN¥21.9B and CN¥14.1B respectively. Ginlong Technologies's EBIT is CN¥698.9M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥819.0M.
Key information
131.7%
Debt to equity ratio
CN¥10.27b
Debt
Interest coverage ratio | 2.8x |
Cash | CN¥818.98m |
Equity | CN¥7.79b |
Total liabilities | CN¥14.07b |
Total assets | CN¥21.87b |
Recent financial health updates
Recent updates
Are Ginlong Technologies Co., Ltd. (SZSE:300763) Investors Paying Above The Intrinsic Value?
Apr 29Does Ginlong Technologies (SZSE:300763) Have A Healthy Balance Sheet?
Mar 29There Is A Reason Ginlong Technologies Co., Ltd.'s (SZSE:300763) Price Is Undemanding
Mar 13The Returns On Capital At Ginlong Technologies (SZSE:300763) Don't Inspire Confidence
Feb 27Financial Position Analysis
Short Term Liabilities: 300763's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥5.6B).
Long Term Liabilities: 300763's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥8.5B).
Debt to Equity History and Analysis
Debt Level: 300763's net debt to equity ratio (121.2%) is considered high.
Reducing Debt: 300763's debt to equity ratio has increased from 0% to 131.7% over the past 5 years.
Debt Coverage: 300763's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 300763's interest payments on its debt are not well covered by EBIT (2.8x coverage).