Global Top E-Commerce Balance Sheet Health
Financial Health criteria checks 6/6
Global Top E-Commerce has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.8B and CN¥2.5B respectively. Global Top E-Commerce's EBIT is CN¥131.4M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥319.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥319.74m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥2.51b |
| Total assets | CN¥3.83b |
Recent financial health updates
Recent updates
There's No Escaping Global Top E-Commerce Co., Ltd.'s (SZSE:002640) Muted Revenues Despite A 33% Share Price Rise
Oct 28
Here's Why Global Top E-Commerce (SZSE:002640) Is Weighed Down By Its Debt Load
Oct 16Global Top E-Commerce Co., Ltd. (SZSE:002640) Held Back By Insufficient Growth Even After Shares Climb 30%
Sep 09Global Top E-Commerce Co., Ltd.'s (SZSE:002640) 27% Dip In Price Shows Sentiment Is Matching Revenues
Jun 17Global Top E-Commerce Co., Ltd. (SZSE:002640) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Apr 16Estimating The Fair Value Of Global Top E-Commerce Co., Ltd. (SZSE:002640)
Feb 28Financial Position Analysis
Short Term Liabilities: 002640's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002640's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥471.3M).
Debt to Equity History and Analysis
Debt Level: 002640 is debt free.
Reducing Debt: 002640 has no debt compared to 5 years ago when its debt to equity ratio was 33.9%.
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: Whilst unprofitable 002640 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002640 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.9% per year.