Gohigh NetworksLtd Balance Sheet Health
Financial Health criteria checks 5/6
Gohigh NetworksLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are CN¥6.1B and CN¥3.0B respectively.
Key information
42.3%
Debt to equity ratio
CN¥1.32b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥277.99m |
| Equity | CN¥3.12b |
| Total liabilities | CN¥3.02b |
| Total assets | CN¥6.14b |
Recent financial health updates
No updates
Recent updates
Gohigh Networks Co.,Ltd (SZSE:000851) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Nov 21
Gohigh Networks Co.,Ltd's (SZSE:000851) Price Is Right But Growth Is Lacking After Shares Rocket 51%
Sep 09Gohigh Networks Co.,Ltd's (SZSE:000851) Price Is Right But Growth Is Lacking After Shares Rocket 36%
Jul 25Lacklustre Performance Is Driving Gohigh Networks Co.,Ltd's (SZSE:000851) 28% Price Drop
May 13Gohigh Networks Co.,Ltd's (SZSE:000851) Share Price Is Matching Sentiment Around Its Revenues
Feb 28Financial Position Analysis
Short Term Liabilities: 000851's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 000851's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥304.9M).
Debt to Equity History and Analysis
Debt Level: 000851's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 000851's debt to equity ratio has reduced from 46.7% to 42.3% 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: 000851 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000851 has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 0.2% each year.