Goldlok Holdings(Guangdong)Ltd Balance Sheet Health
Financial Health criteria checks 4/6
Goldlok Holdings(Guangdong)Ltd has a total shareholder equity of CN¥478.5M and total debt of CN¥173.7M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CN¥759.8M and CN¥281.2M respectively.
Key information
36.3%
Debt to equity ratio
CN¥173.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥27.21m |
| Equity | CN¥478.51m |
| Total liabilities | CN¥281.24m |
| Total assets | CN¥759.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002348's short term assets (CN¥245.2M) do not cover its short term liabilities (CN¥252.1M).
Long Term Liabilities: 002348's short term assets (CN¥245.2M) exceed its long term liabilities (CN¥29.2M).
Debt to Equity History and Analysis
Debt Level: 002348's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: 002348's debt to equity ratio has increased from 15.8% to 36.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002348 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002348 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.6% per year.