GCL Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
GCL Energy TechnologyLtd has a total shareholder equity of CN¥13.9B and total debt of CN¥19.0B, which brings its debt-to-equity ratio to 136.7%. Its total assets and total liabilities are CN¥41.2B and CN¥27.3B respectively. GCL Energy TechnologyLtd's EBIT is CN¥1.3B making its interest coverage ratio 6. It has cash and short-term investments of CN¥4.9B.
Key information
136.7%
Debt to equity ratio
CN¥19.01b
Debt
| Interest coverage ratio | 6x |
| Cash | CN¥4.95b |
| Equity | CN¥13.90b |
| Total liabilities | CN¥27.32b |
| Total assets | CN¥41.22b |
Recent financial health updates
GCL Energy TechnologyLtd (SZSE:002015) Seems To Be Using A Lot Of Debt
Nov 20
Is GCL Energy TechnologyLtd (SZSE:002015) A Risky Investment?
Aug 20We Think GCL Energy TechnologyLtd (SZSE:002015) Is Taking Some Risk With Its Debt
May 21Recent updates
GCL Energy TechnologyLtd (SZSE:002015) Seems To Be Using A Lot Of Debt
Nov 20GCL Energy TechnologyLtd's (SZSE:002015) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 01There Are Reasons To Feel Uneasy About GCL Energy TechnologyLtd's (SZSE:002015) Returns On Capital
Oct 10Is GCL Energy TechnologyLtd (SZSE:002015) A Risky Investment?
Aug 20GCL Energy TechnologyLtd (SZSE:002015) Will Want To Turn Around Its Return Trends
Jun 26We Think GCL Energy TechnologyLtd (SZSE:002015) Is Taking Some Risk With Its Debt
May 21A Piece Of The Puzzle Missing From GCL Energy Technology Co.,Ltd.'s (SZSE:002015) 27% Share Price Climb
Mar 06The Returns On Capital At GCL Energy TechnologyLtd (SZSE:002015) Don't Inspire Confidence
Feb 28Financial Position Analysis
Short Term Liabilities: 002015's short term assets (CN¥12.5B) do not cover its short term liabilities (CN¥12.5B).
Long Term Liabilities: 002015's short term assets (CN¥12.5B) do not cover its long term liabilities (CN¥14.9B).
Debt to Equity History and Analysis
Debt Level: 002015's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 002015's debt to equity ratio has reduced from 168.4% to 136.7% over the past 5 years.
Debt Coverage: 002015's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 002015's interest payments on its debt are well covered by EBIT (6x coverage).