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¥89.9M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥10.0B and CN¥3.6B respectively. Glodon's EBIT is CN¥165.2M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥2.4B.
Key information
1.4%
Debt to equity ratio
CN¥89.85m
Debt
Interest coverage ratio | -3.4x |
Cash | CN¥2.36b |
Equity | CN¥6.36b |
Total liabilities | CN¥3.64b |
Total assets | CN¥10.01b |
Recent financial health updates
Recent updates
Is 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¥4.1B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 002410's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥143.4M).
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 40.4% to 1.4% over the past 5 years.
Debt Coverage: 002410's debt is well covered by operating cash flow (902.9%).
Interest Coverage: 002410 earns more interest than it pays, so coverage of interest payments is not a concern.