Gotion High-techLtd Balance Sheet Health
Financial Health criteria checks 2/6
Gotion High-techLtd has a total shareholder equity of CN¥25.5B and total debt of CN¥32.5B, which brings its debt-to-equity ratio to 127.2%. Its total assets and total liabilities are CN¥87.4B and CN¥61.9B respectively.
Key information
127.2%
Debt to equity ratio
CN¥32.48b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥18.59b |
| Equity | CN¥25.54b |
| Total liabilities | CN¥61.88b |
| Total assets | CN¥87.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 24U0's short term assets (CN¥43.7B) exceed its short term liabilities (CN¥40.3B).
Long Term Liabilities: 24U0's short term assets (CN¥43.7B) exceed its long term liabilities (CN¥21.6B).
Debt to Equity History and Analysis
Debt Level: 24U0's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: 24U0's debt to equity ratio has increased from 43.5% to 127.2% over the past 5 years.
Debt Coverage: 24U0's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: Insufficient data to determine if 24U0's interest payments on its debt are well covered by EBIT.