G.Tech Technology Balance Sheet Health
Financial Health criteria checks 5/6
G.Tech Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥7.2M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.4B and CN¥338.8M respectively. G.Tech Technology's EBIT is CN¥85.4M making its interest coverage ratio -2702.1. It has cash and short-term investments of CN¥273.2M.
Key information
0.7%
Debt to equity ratio
CN¥7.25m
Debt
Interest coverage ratio | -2702.1x |
Cash | CN¥273.22m |
Equity | CN¥1.01b |
Total liabilities | CN¥338.76m |
Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301503's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥263.2M).
Long Term Liabilities: 301503's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥75.6M).
Debt to Equity History and Analysis
Debt Level: 301503 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301503's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301503's debt is well covered by operating cash flow (1809.5%).
Interest Coverage: 301503 earns more interest than it pays, so coverage of interest payments is not a concern.