Genimous Technology Balance Sheet Health
Financial Health criteria checks 4/6
Genimous Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥258.2M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥4.6B and CN¥670.2M respectively. Genimous Technology's EBIT is CN¥212.4M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥1.4B.
Key information
6.5%
Debt to equity ratio
CN¥258.19m
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥1.44b |
| Equity | CN¥3.94b |
| Total liabilities | CN¥670.15m |
| Total assets | CN¥4.61b |
Financial Position Analysis
Short Term Liabilities: 000676's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥644.4M).
Long Term Liabilities: 000676's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥25.8M).
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 5.4% to 6.5% over the past 5 years.
Debt Coverage: 000676's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000676 earns more interest than it pays, so coverage of interest payments is not a concern.