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¥3.2M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CN¥10.0B and CN¥3.6B respectively. Glodon's EBIT is CN¥91.4M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥2.4B.
Key information
0.05%
Debt to equity ratio
CN¥3.17m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥2.36b |
Equity | CN¥6.36b |
Total liabilities | CN¥3.64b |
Total assets | CN¥10.01b |
Recent financial health updates
No updates
Recent updates
Financial 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 35.4% to 0.05% over the past 5 years.
Debt Coverage: 002410's debt is well covered by operating cash flow (25602.3%).
Interest Coverage: 002410 earns more interest than it pays, so coverage of interest payments is not a concern.