Goldcard Smart Group Balance Sheet Health
Financial Health criteria checks 4/6
Goldcard Smart Group has a total shareholder equity of CN¥4.4B and total debt of CN¥462.2M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥6.9B and CN¥2.5B respectively. Goldcard Smart Group's EBIT is CN¥415.4M making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥1.0B.
Key information
10.6%
Debt to equity ratio
CN¥462.15m
Debt
| Interest coverage ratio | -12.9x |
| Cash | CN¥1.02b |
| Equity | CN¥4.38b |
| Total liabilities | CN¥2.50b |
| Total assets | CN¥6.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300349's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300349's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥520.2M).
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 10.6% over the past 5 years.
Debt Coverage: 300349's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 300349 earns more interest than it pays, so coverage of interest payments is not a concern.