Shenzhen Goodix Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Goodix Technology has a total shareholder equity of CN¥8.2B and total debt of CN¥570.8M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥9.9B and CN¥1.7B respectively. Shenzhen Goodix Technology's EBIT is CN¥177.3M making its interest coverage ratio -2. It has cash and short-term investments of CN¥4.3B.
Key information
6.9%
Debt to equity ratio
CN¥570.81m
Debt
Interest coverage ratio | -2x |
Cash | CN¥4.33b |
Equity | CN¥8.25b |
Total liabilities | CN¥1.66b |
Total assets | CN¥9.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603160's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603160's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥350.0M).
Debt to Equity History and Analysis
Debt Level: 603160 has more cash than its total debt.
Reducing Debt: 603160's debt to equity ratio has increased from 0% to 6.9% over the past 5 years.
Debt Coverage: 603160's debt is well covered by operating cash flow (348.4%).
Interest Coverage: 603160 earns more interest than it pays, so coverage of interest payments is not a concern.