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
No updates
Recent updates
Financial 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).