Nanjing Gaoke Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Gaoke has a total shareholder equity of CN¥20.4B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are CN¥39.4B and CN¥19.0B respectively.
Key information
51.9%
Debt to equity ratio
CN¥10.58b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.23b |
| Equity | CN¥20.38b |
| Total liabilities | CN¥19.01b |
| Total assets | CN¥39.39b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Nanjing Gaoke (SHSE:600064) Shareholders
Nov 03
Improved Earnings Required Before Nanjing Gaoke Company Limited (SHSE:600064) Stock's 25% Jump Looks Justified
Oct 01Is Nanjing Gaoke (SHSE:600064) Using Debt In A Risky Way?
Aug 27Earnings Working Against Nanjing Gaoke Company Limited's (SHSE:600064) Share Price
Aug 01We Think You Can Look Beyond Nanjing Gaoke's (SHSE:600064) Lackluster Earnings
May 03Benign Growth For Nanjing Gaoke Company Limited (SHSE:600064) Underpins Its Share Price
Apr 18Financial Position Analysis
Short Term Liabilities: 600064's short term assets (CN¥18.7B) exceed its short term liabilities (CN¥14.5B).
Long Term Liabilities: 600064's short term assets (CN¥18.7B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 600064's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 600064's debt to equity ratio has increased from 35.8% to 51.9% over the past 5 years.
Debt Coverage: 600064's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600064's interest payments on its debt are well covered by EBIT.