Goldlok Holdings(Guangdong)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Goldlok Holdings(Guangdong)Ltd has a total shareholder equity of CN¥479.3M and total debt of CN¥176.8M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CN¥768.9M and CN¥289.7M respectively.
Key information
36.9%
Debt to equity ratio
CN¥176.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥21.07m |
| Equity | CN¥479.26m |
| Total liabilities | CN¥289.69m |
| Total assets | CN¥768.95m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002348's short term assets (CN¥261.6M) exceed its short term liabilities (CN¥261.0M).
Long Term Liabilities: 002348's short term assets (CN¥261.6M) exceed its long term liabilities (CN¥28.7M).
Debt to Equity History and Analysis
Debt Level: 002348's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 002348's debt to equity ratio has increased from 19% to 36.9% 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: 002348 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002348 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 23.9% each year.