Giant Network Group Balance Sheet Health
Financial Health criteria checks 5/6
Giant Network Group has a total shareholder equity of CN¥11.7B and total debt of CN¥650.8M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥13.4B and CN¥1.6B respectively. Giant Network Group's EBIT is CN¥1.0B making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥2.1B.
Key information
5.5%
Debt to equity ratio
CN¥650.75m
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥2.10b |
| Equity | CN¥11.73b |
| Total liabilities | CN¥1.64b |
| Total assets | CN¥13.37b |
Recent financial health updates
These 4 Measures Indicate That Giant Network Group (SZSE:002558) Is Using Debt Reasonably Well
Mar 19
Recent updates
Giant Network Group Co., Ltd. Recorded A 13% Miss On Revenue: Analysts Are Revisiting Their Models
May 02These 4 Measures Indicate That Giant Network Group (SZSE:002558) Is Using Debt Reasonably Well
Mar 19Giant Network Group Co., Ltd. (SZSE:002558) Shares Fly 29% But Investors Aren't Buying For Growth
Mar 01Calculating The Intrinsic Value Of Giant Network Group Co., Ltd. (SZSE:002558)
Feb 27Financial Position Analysis
Short Term Liabilities: 002558's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002558's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥73.4M).
Debt to Equity History and Analysis
Debt Level: 002558 has more cash than its total debt.
Reducing Debt: 002558's debt to equity ratio has increased from 5% to 5.5% over the past 5 years.
Debt Coverage: 002558's debt is well covered by operating cash flow (191.4%).
Interest Coverage: 002558 earns more interest than it pays, so coverage of interest payments is not a concern.