GalaxyCore Balance Sheet Health
Financial Health criteria checks 2/6
GalaxyCore has a total shareholder equity of CN¥7.9B and total debt of CN¥10.3B, which brings its debt-to-equity ratio to 131.2%. Its total assets and total liabilities are CN¥20.2B and CN¥12.3B respectively. GalaxyCore's EBIT is CN¥142.8M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥4.3B.
Key information
131.2%
Debt to equity ratio
CN¥10.34b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥4.32b |
Equity | CN¥7.88b |
Total liabilities | CN¥12.32b |
Total assets | CN¥20.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688728's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 688728's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥5.3B).
Debt to Equity History and Analysis
Debt Level: 688728's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: 688728's debt to equity ratio has increased from 25.4% to 131.2% over the past 5 years.
Debt Coverage: 688728's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 688728's interest payments on its debt are not well covered by EBIT (1.1x coverage).