GoldenHome Living Balance Sheet Health
Financial Health criteria checks 5/6
GoldenHome Living has a total shareholder equity of CN¥2.8B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are CN¥5.5B and CN¥2.7B respectively. GoldenHome Living's EBIT is CN¥291.8M making its interest coverage ratio -14.3. It has cash and short-term investments of CN¥1.3B.
Key information
48.3%
Debt to equity ratio
CN¥1.35b
Debt
Interest coverage ratio | -14.3x |
Cash | CN¥1.34b |
Equity | CN¥2.79b |
Total liabilities | CN¥2.66b |
Total assets | CN¥5.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603180's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603180's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥845.1M).
Debt to Equity History and Analysis
Debt Level: 603180's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 603180's debt to equity ratio has increased from 0% to 48.3% over the past 5 years.
Debt Coverage: 603180's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 603180 earns more interest than it pays, so coverage of interest payments is not a concern.