Ginlong Technologies Balance Sheet Health
Financial Health criteria checks 0/6
Ginlong Technologies has a total shareholder equity of CN¥8.1B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 129.7%. Its total assets and total liabilities are CN¥21.8B and CN¥13.7B respectively. Ginlong Technologies's EBIT is CN¥743.8M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥664.9M.
Key information
129.7%
Debt to equity ratio
CN¥10.46b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥664.85m |
| Equity | CN¥8.06b |
| Total liabilities | CN¥13.75b |
| Total assets | CN¥21.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300763's short term assets (CN¥5.0B) do not cover its short term liabilities (CN¥5.4B).
Long Term Liabilities: 300763's short term assets (CN¥5.0B) do not cover its long term liabilities (CN¥8.3B).
Debt to Equity History and Analysis
Debt Level: 300763's net debt to equity ratio (121.5%) is considered high.
Reducing Debt: 300763's debt to equity ratio has increased from 0% to 129.7% over the past 5 years.
Debt Coverage: 300763's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 300763's interest payments on its debt are not well covered by EBIT (2.6x coverage).