GKG Precision Machine Balance Sheet Health
Financial Health criteria checks 6/6
GKG Precision Machine has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥776.0M respectively. GKG Precision Machine's EBIT is CN¥10.8M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥1.12b |
Equity | CN¥1.44b |
Total liabilities | CN¥776.00m |
Total assets | CN¥2.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301338's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥763.0M).
Long Term Liabilities: 301338's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥13.0M).
Debt to Equity History and Analysis
Debt Level: 301338 is debt free.
Reducing Debt: 301338 has no debt compared to 5 years ago when its debt to equity ratio was 39.7%.
Debt Coverage: 301338 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301338 has no debt, therefore coverage of interest payments is not a concern.