Glarun TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Glarun TechnologyLtd has a total shareholder equity of CN¥5.7B and total debt of CN¥129.1M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥9.0B and CN¥3.3B respectively. Glarun TechnologyLtd's EBIT is CN¥640.4M making its interest coverage ratio -34.8. It has cash and short-term investments of CN¥1.3B.
Key information
2.3%
Debt to equity ratio
CN¥129.13m
Debt
| Interest coverage ratio | -34.8x |
| Cash | CN¥1.30b |
| Equity | CN¥5.69b |
| Total liabilities | CN¥3.30b |
| Total assets | CN¥8.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600562's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 600562's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥43.1M).
Debt to Equity History and Analysis
Debt Level: 600562 has more cash than its total debt.
Reducing Debt: 600562's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Debt Coverage: 600562's debt is well covered by operating cash flow (327.7%).
Interest Coverage: 600562 earns more interest than it pays, so coverage of interest payments is not a concern.