GCH Technology Balance Sheet Health
Financial Health criteria checks 2/6
GCH Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 85.2%. Its total assets and total liabilities are CN¥2.9B and CN¥1.7B respectively. GCH Technology's EBIT is CN¥242.5M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥356.7M.
Key information
85.2%
Debt to equity ratio
CN¥1.08b
Debt
Interest coverage ratio | -7.9x |
Cash | CN¥356.68m |
Equity | CN¥1.26b |
Total liabilities | CN¥1.66b |
Total assets | CN¥2.92b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688625's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 688625's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 688625's net debt to equity ratio (57%) is considered high.
Reducing Debt: 688625's debt to equity ratio has increased from 46.4% to 85.2% over the past 5 years.
Debt Coverage: 688625's debt is not well covered by operating cash flow (16%).
Interest Coverage: 688625 earns more interest than it pays, so coverage of interest payments is not a concern.