Glodon Balance Sheet Health
Financial Health criteria checks 6/6
Glodon has a total shareholder equity of CN¥6.4B and total debt of CN¥2.8M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥10.7B and CN¥4.3B respectively. Glodon's EBIT is CN¥207.5M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥3.8B.
Key information
0.04%
Debt to equity ratio
CN¥2.83m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥3.79b |
| Equity | CN¥6.38b |
| Total liabilities | CN¥4.30b |
| Total assets | CN¥10.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002410's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 002410's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥148.6M).
Debt to Equity History and Analysis
Debt Level: 002410 has more cash than its total debt.
Reducing Debt: 002410's debt to equity ratio has reduced from 36.3% to 0.04% over the past 5 years.
Debt Coverage: 002410's debt is well covered by operating cash flow (22501.2%).
Interest Coverage: 002410 earns more interest than it pays, so coverage of interest payments is not a concern.