Genimous Technology Balance Sheet Health
Financial Health criteria checks 4/6
Genimous Technology has a total shareholder equity of CN¥4.1B and total debt of CN¥226.7M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥4.8B and CN¥746.5M respectively. Genimous Technology's EBIT is CN¥57.1M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥1.5B.
Key information
5.6%
Debt to equity ratio
CN¥226.74m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥1.45b |
| Equity | CN¥4.06b |
| Total liabilities | CN¥746.46m |
| Total assets | CN¥4.81b |
Recent financial health updates
Genimous Technology (SZSE:000676) Seems To Use Debt Rather Sparingly
Oct 19
Genimous Technology (SZSE:000676) Could Easily Take On More Debt
Jun 20Is Genimous Technology (SZSE:000676) Using Too Much Debt?
Feb 28Recent updates
There's No Escaping Genimous Technology Co., Ltd.'s (SZSE:000676) Muted Revenues Despite A 42% Share Price Rise
Nov 12Genimous Technology (SZSE:000676) Seems To Use Debt Rather Sparingly
Oct 19There's No Escaping Genimous Technology Co., Ltd.'s (SZSE:000676) Muted Revenues Despite A 26% Share Price Rise
Sep 28Genimous Technology's (SZSE:000676) Solid Profits Have Weak Fundamentals
Sep 04Genimous Technology (SZSE:000676) Could Be Struggling To Allocate Capital
Aug 19Investors Aren't Buying Genimous Technology Co., Ltd.'s (SZSE:000676) Revenues
Jul 18Genimous Technology (SZSE:000676) Could Easily Take On More Debt
Jun 20Genimous Technology Co., Ltd. (SZSE:000676) Held Back By Insufficient Growth Even After Shares Climb 32%
Mar 06Is Genimous Technology (SZSE:000676) Using Too Much Debt?
Feb 28Financial Position Analysis
Short Term Liabilities: 000676's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥723.8M).
Long Term Liabilities: 000676's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥22.7M).
Debt to Equity History and Analysis
Debt Level: 000676 has more cash than its total debt.
Reducing Debt: 000676's debt to equity ratio has increased from 2.8% to 5.6% over the past 5 years.
Debt Coverage: 000676's debt is not well covered by operating cash flow (11%).
Interest Coverage: 000676 earns more interest than it pays, so coverage of interest payments is not a concern.