Gohigh Networks Co.,Ltd

XSEC:000851 Stock Report

Market Cap: CN¥4.0b

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 ration/a
CashCN¥277.99m
EquityCN¥3.12b
Total liabilitiesCN¥3.02b
Total assetsCN¥6.14b

Recent financial health updates

No updates

Recent updates

Financial 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.


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