Global Top E-Commerce Balance Sheet Health
Financial Health criteria checks 3/6
Global Top E-Commerce has a total shareholder equity of CN¥1.3B and total debt of CN¥739.0M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are CN¥3.7B and CN¥2.4B respectively. Global Top E-Commerce's EBIT is CN¥146.7M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥304.9M.
Key information
55.1%
Debt to equity ratio
CN¥739.00m
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥304.86m |
Equity | CN¥1.34b |
Total liabilities | CN¥2.40b |
Total assets | CN¥3.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002640's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002640's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥482.3M).
Debt to Equity History and Analysis
Debt Level: 002640's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: 002640's debt to equity ratio has increased from 29.8% to 55.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 002640 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002640 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.