Hangzhou Gisway Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Gisway Information TechnologyLtd has a total shareholder equity of CN¥951.7M and total debt of CN¥4.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.1B and CN¥167.1M respectively. Hangzhou Gisway Information TechnologyLtd's EBIT is CN¥65.8M making its interest coverage ratio -369. It has cash and short-term investments of CN¥416.7M.
Key information
0.5%
Debt to equity ratio
CN¥4.77m
Debt
Interest coverage ratio | -369x |
Cash | CN¥416.75m |
Equity | CN¥951.69m |
Total liabilities | CN¥167.10m |
Total assets | CN¥1.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301390's short term assets (CN¥961.0M) exceed its short term liabilities (CN¥165.3M).
Long Term Liabilities: 301390's short term assets (CN¥961.0M) exceed its long term liabilities (CN¥1.8M).
Debt to Equity History and Analysis
Debt Level: 301390 has more cash than its total debt.
Reducing Debt: 301390's debt to equity ratio has reduced from 14.1% to 0.5% over the past 5 years.
Debt Coverage: 301390's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301390 earns more interest than it pays, so coverage of interest payments is not a concern.