Goldwind Science And Technology Balance Sheet Health
Financial Health criteria checks 3/6
Goldwind Science And Technology has a total shareholder equity of CN¥40.7B and total debt of CN¥37.7B, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are CN¥144.2B and CN¥103.5B respectively. Goldwind Science And Technology's EBIT is CN¥2.4B making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥8.5B.
Key information
92.6%
Debt to equity ratio
CN¥37.69b
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥8.54b |
| Equity | CN¥40.69b |
| Total liabilities | CN¥103.52b |
| Total assets | CN¥144.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002202's short term assets (CN¥64.0B) exceed its short term liabilities (CN¥59.7B).
Long Term Liabilities: 002202's short term assets (CN¥64.0B) exceed its long term liabilities (CN¥43.9B).
Debt to Equity History and Analysis
Debt Level: 002202's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: 002202's debt to equity ratio has increased from 80.8% to 92.6% over the past 5 years.
Debt Coverage: 002202's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: 002202 earns more interest than it pays, so coverage of interest payments is not a concern.