Glory View Technology Balance Sheet Health
Financial Health criteria checks 5/6
Glory View Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥170.1M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥2.0B and CN¥734.7M respectively. Glory View Technology's EBIT is CN¥67.7M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥527.5M.
Key information
13.3%
Debt to equity ratio
CN¥170.08m
Debt
Interest coverage ratio | -10.7x |
Cash | CN¥527.54m |
Equity | CN¥1.28b |
Total liabilities | CN¥734.67m |
Total assets | CN¥2.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301396's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥655.0M).
Long Term Liabilities: 301396's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥79.7M).
Debt to Equity History and Analysis
Debt Level: 301396 has more cash than its total debt.
Reducing Debt: 301396's debt to equity ratio has reduced from 36.4% to 13.3% over the past 5 years.
Debt Coverage: 301396's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301396 earns more interest than it pays, so coverage of interest payments is not a concern.