Goldwind Science&Technology Co., Ltd.

DB:CXGH Stock Report

Market Cap: €5.6b

Goldwind Science&Technology Balance Sheet Health

Financial Health criteria checks 3/6

Goldwind Science&Technology has a total shareholder equity of CN¥41.1B and total debt of CN¥40.9B, which brings its debt-to-equity ratio to 99.6%. Its total assets and total liabilities are CN¥156.3B and CN¥115.2B respectively. Goldwind Science&Technology's EBIT is CN¥2.5B making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥10.9B.

Key information

99.6%

Debt to equity ratio

CN¥40.91b

Debt

Interest coverage ratio-4.3x
CashCN¥10.93b
EquityCN¥41.08b
Total liabilitiesCN¥115.24b
Total assetsCN¥156.31b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CXGH's short term assets (CN¥73.5B) exceed its short term liabilities (CN¥70.5B).

Long Term Liabilities: CXGH's short term assets (CN¥73.5B) exceed its long term liabilities (CN¥44.8B).


Debt to Equity History and Analysis

Debt Level: CXGH's net debt to equity ratio (73%) is considered high.

Reducing Debt: CXGH's debt to equity ratio has increased from 86.9% to 99.6% over the past 5 years.

Debt Coverage: CXGH's debt is not well covered by operating cash flow (0.2%).

Interest Coverage: CXGH earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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