Glodon Balance Sheet Health
Financial Health criteria checks 6/6
Glodon has a total shareholder equity of CN¥6.5B and total debt of CN¥3.9M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥10.0B and CN¥3.4B respectively. Glodon's EBIT is CN¥160.9M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥2.5B.
Key information
0.06%
Debt to equity ratio
CN¥3.87m
Debt
| Interest coverage ratio | -10.7x |
| Cash | CN¥2.47b |
| Equity | CN¥6.52b |
| Total liabilities | CN¥3.44b |
| Total assets | CN¥9.95b |
Recent financial health updates
Recent updates
There May Be Reason For Hope In Glodon's (SZSE:002410) Disappointing Earnings
Nov 06
Glodon Company Limited's (SZSE:002410) Price Is Right But Growth Is Lacking After Shares Rocket 30%
Sep 27Results: Glodon Company Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 25Is Glodon (SZSE:002410) Using Too Much Debt?
Aug 19Earnings Miss: Glodon Company Limited Missed EPS By 79% And Analysts Are Revising Their Forecasts
Jul 30Glodon's (SZSE:002410) Shareholders Will Receive A Smaller Dividend Than Last Year
May 21Investors Don't See Light At End Of Glodon Company Limited's (SZSE:002410) Tunnel And Push Stock Down 29%
Apr 17We Think You Can Look Beyond Glodon's (SZSE:002410) Lackluster Earnings
Apr 01Glodon Company Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 28Glodon (SZSE:002410) Will Be Hoping To Turn Its Returns On Capital Around
Feb 29Financial Position Analysis
Short Term Liabilities: 002410's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002410's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥117.4M).
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 57% to 0.06% over the past 5 years.
Debt Coverage: 002410's debt is well covered by operating cash flow (23782.1%).
Interest Coverage: 002410 earns more interest than it pays, so coverage of interest payments is not a concern.