Ganso Balance Sheet Health
Financial Health criteria checks 5/6
Ganso has a total shareholder equity of CN¥1.6B and total debt of CN¥140.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥3.1B and CN¥1.4B respectively. Ganso's EBIT is CN¥349.7M making its interest coverage ratio 57.3. It has cash and short-term investments of CN¥1.6B.
Key information
8.5%
Debt to equity ratio
CN¥140.04m
Debt
Interest coverage ratio | 57.3x |
Cash | CN¥1.59b |
Equity | CN¥1.65b |
Total liabilities | CN¥1.44b |
Total assets | CN¥3.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603886's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603886's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥209.2M).
Debt to Equity History and Analysis
Debt Level: 603886 has more cash than its total debt.
Reducing Debt: 603886's debt to equity ratio has increased from 0% to 8.5% over the past 5 years.
Debt Coverage: 603886's debt is well covered by operating cash flow (367.8%).
Interest Coverage: 603886's interest payments on its debt are well covered by EBIT (57.3x coverage).