Goldcard Smart Group Balance Sheet Health
Financial Health criteria checks 5/6
Goldcard Smart Group has a total shareholder equity of CN¥4.4B and total debt of CN¥746.7M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥6.9B and CN¥2.5B respectively. Goldcard Smart Group's EBIT is CN¥433.1M making its interest coverage ratio -11. It has cash and short-term investments of CN¥1.5B.
Key information
17.0%
Debt to equity ratio
CN¥746.71m
Debt
Interest coverage ratio | -11x |
Cash | CN¥1.54b |
Equity | CN¥4.40b |
Total liabilities | CN¥2.54b |
Total assets | CN¥6.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300349's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300349's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥529.8M).
Debt to Equity History and Analysis
Debt Level: 300349 has more cash than its total debt.
Reducing Debt: 300349's debt to equity ratio has increased from 0.02% to 17% over the past 5 years.
Debt Coverage: 300349's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 300349 earns more interest than it pays, so coverage of interest payments is not a concern.