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¥11.1B, which brings its debt-to-equity ratio to 140.1%. Its total assets and total liabilities are CN¥20.7B and CN¥12.8B respectively. GalaxyCore's EBIT is CN¥198.6M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥4.3B.
Key information
140.1%
Debt to equity ratio
CN¥11.06b
Debt
Interest coverage ratio | 1.4x |
Cash | CN¥4.28b |
Equity | CN¥7.89b |
Total liabilities | CN¥12.85b |
Total assets | CN¥20.74b |
Recent financial health updates
Recent updates
Does GalaxyCore (SHSE:688728) Have A Healthy Balance Sheet?
Aug 02GalaxyCore's (SHSE:688728) Returns On Capital Not Reflecting Well On The Business
Jun 18There May Be Underlying Issues With The Quality Of GalaxyCore's (SHSE:688728) Earnings
May 06GalaxyCore Inc.'s (SHSE:688728) Price In Tune With Revenues
Mar 28Financial Position Analysis
Short Term Liabilities: 688728's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 688728's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 688728's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: 688728's debt to equity ratio has increased from 45.3% to 140.1% over the past 5 years.
Debt Coverage: 688728's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: 688728's interest payments on its debt are not well covered by EBIT (1.4x coverage).