China Galaxy Securities Balance Sheet Health
Financial Health criteria checks 3/6
China Galaxy Securities has a total shareholder equity of CN¥130.5B and total debt of CN¥331.5B, which brings its debt-to-equity ratio to 254%. Its total assets and total liabilities are CN¥663.2B and CN¥532.7B respectively.
Key information
254.0%
Debt to equity ratio
CN¥331.48b
Debt
Interest coverage ratio | n/a |
Cash | CN¥323.62b |
Equity | CN¥130.49b |
Total liabilities | CN¥532.71b |
Total assets | CN¥663.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGL's short term assets (CN¥483.7B) exceed its short term liabilities (CN¥456.1B).
Long Term Liabilities: CGL's short term assets (CN¥483.7B) exceed its long term liabilities (CN¥76.6B).
Debt to Equity History and Analysis
Debt Level: CGL's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: CGL's debt to equity ratio has increased from 188.3% to 254% over the past 5 years.
Debt Coverage: CGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CGL's interest payments on its debt are well covered by EBIT.