Global Infotech Balance Sheet Health
Financial Health criteria checks 3/6
Global Infotech has a total shareholder equity of CN¥659.5M and total debt of CN¥321.2M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are CN¥1.4B and CN¥699.4M respectively. Global Infotech's EBIT is CN¥29.4M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥305.4M.
Key information
48.7%
Debt to equity ratio
CN¥321.18m
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥305.39m |
| Equity | CN¥659.48m |
| Total liabilities | CN¥699.35m |
| Total assets | CN¥1.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300465's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥678.6M).
Long Term Liabilities: 300465's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥20.8M).
Debt to Equity History and Analysis
Debt Level: 300465's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 300465's debt to equity ratio has increased from 23.2% to 48.7% over the past 5 years.
Debt Coverage: 300465's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 300465's interest payments on its debt are not well covered by EBIT (2.4x coverage).