GCL Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
GCL Energy TechnologyLtd has a total shareholder equity of CN¥13.3B and total debt of CN¥12.3B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are CN¥36.2B and CN¥22.9B respectively. GCL Energy TechnologyLtd's EBIT is CN¥1.1B making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥4.1B.
Key information
92.7%
Debt to equity ratio
CN¥12.33b
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥4.12b |
| Equity | CN¥13.31b |
| Total liabilities | CN¥22.92b |
| Total assets | CN¥36.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002015's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥10.8B).
Long Term Liabilities: 002015's short term assets (CN¥11.6B) do not cover its long term liabilities (CN¥12.1B).
Debt to Equity History and Analysis
Debt Level: 002015's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 002015's debt to equity ratio has reduced from 186.5% to 92.7% over the past 5 years.
Debt Coverage: 002015's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 002015 earns more interest than it pays, so coverage of interest payments is not a concern.