Global Infotech Balance Sheet Health
Financial Health criteria checks 4/6
Global Infotech has a total shareholder equity of CN¥660.4M and total debt of CN¥320.6M, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are CN¥1.3B and CN¥678.1M respectively. Global Infotech's EBIT is CN¥36.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥195.1M.
Key information
48.6%
Debt to equity ratio
CN¥320.64m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥195.09m |
| Equity | CN¥660.37m |
| Total liabilities | CN¥678.14m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300465's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥662.3M).
Long Term Liabilities: 300465's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥15.8M).
Debt to Equity History and Analysis
Debt Level: 300465's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: 300465's debt to equity ratio has increased from 14.9% to 48.6% over the past 5 years.
Debt Coverage: 300465's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 300465's interest payments on its debt are not well covered by EBIT (2.5x coverage).