Goneo Group Balance Sheet Health
Financial Health criteria checks 5/6
Goneo Group has a total shareholder equity of CN¥14.9B and total debt of CN¥359.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥19.3B and CN¥4.5B respectively. Goneo Group's EBIT is CN¥4.4B making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥13.6B.
Key information
2.4%
Debt to equity ratio
CN¥359.92m
Debt
| Interest coverage ratio | -7.5x |
| Cash | CN¥13.63b |
| Equity | CN¥14.87b |
| Total liabilities | CN¥4.47b |
| Total assets | CN¥19.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603195's short term assets (CN¥15.5B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603195's short term assets (CN¥15.5B) exceed its long term liabilities (CN¥255.7M).
Debt to Equity History and Analysis
Debt Level: 603195 has more cash than its total debt.
Reducing Debt: 603195's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
Debt Coverage: 603195's debt is well covered by operating cash flow (1061.8%).
Interest Coverage: 603195 earns more interest than it pays, so coverage of interest payments is not a concern.