Googol Technology Balance Sheet Health
Financial Health criteria checks 5/6
Googol Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥7.9M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.5B and CN¥153.1M respectively. Googol Technology's EBIT is CN¥23.9M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥326.4M.
Key information
0.6%
Debt to equity ratio
CN¥7.95m
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥326.35m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥153.08m |
| Total assets | CN¥1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301510's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥126.2M).
Long Term Liabilities: 301510's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥26.9M).
Debt to Equity History and Analysis
Debt Level: 301510 has more cash than its total debt.
Reducing Debt: 301510's debt to equity ratio has reduced from 16.6% to 0.6% over the past 5 years.
Debt Coverage: 301510's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301510 earns more interest than it pays, so coverage of interest payments is not a concern.