Nanjing Gaoke Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Gaoke has a total shareholder equity of CN¥19.2B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are CN¥37.8B and CN¥18.6B respectively.
Key information
55.5%
Debt to equity ratio
CN¥10.63b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.09b |
| Equity | CN¥19.16b |
| Total liabilities | CN¥18.61b |
| Total assets | CN¥37.77b |
Recent financial health updates
Recent updates
Is Nanjing Gaoke (SHSE:600064) Using Debt In A Risky Way?
Aug 27
Earnings 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¥17.5B) exceed its short term liabilities (CN¥14.1B).
Long Term Liabilities: 600064's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥4.5B).
Debt to Equity History and Analysis
Debt Level: 600064's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: 600064's debt to equity ratio has increased from 40.4% to 55.5% 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.