Goodbaby International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Goodbaby International Holdings has a total shareholder equity of HK$5.7B and total debt of HK$2.1B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are HK$10.7B and HK$5.0B respectively. Goodbaby International Holdings's EBIT is HK$448.5M making its interest coverage ratio 3. It has cash and short-term investments of HK$836.0M.
Key information
37.0%
Debt to equity ratio
HK$2.11b
Debt
| Interest coverage ratio | 3x |
| Cash | HK$835.97m |
| Equity | HK$5.69b |
| Total liabilities | HK$4.97b |
| Total assets | HK$10.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBH's short term assets (HK$4.9B) exceed its short term liabilities (HK$4.6B).
Long Term Liabilities: GBH's short term assets (HK$4.9B) exceed its long term liabilities (HK$399.6M).
Debt to Equity History and Analysis
Debt Level: GBH's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: GBH's debt to equity ratio has reduced from 54.4% to 37% over the past 5 years.
Debt Coverage: GBH's debt is well covered by operating cash flow (45.3%).
Interest Coverage: GBH's interest payments on its debt are not well covered by EBIT (3x coverage).