Gohigh NetworksLtd Balance Sheet Health
Financial Health criteria checks 4/6
Gohigh NetworksLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥6.9B and CN¥3.6B respectively.
Key information
31.8%
Debt to equity ratio
CN¥1.05b
Debt
Interest coverage ratio | n/a |
Cash | CN¥905.78m |
Equity | CN¥3.29b |
Total liabilities | CN¥3.60b |
Total assets | CN¥6.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000851's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 000851's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥409.1M).
Debt to Equity History and Analysis
Debt Level: 000851's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 000851's debt to equity ratio has reduced from 43.7% to 31.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 000851 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000851 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.