Glory Health Industry Balance Sheet Health
Financial Health criteria checks 3/6
Glory Health Industry has a total shareholder equity of CN¥13.8B and total debt of CN¥22.2B, which brings its debt-to-equity ratio to 160.9%. Its total assets and total liabilities are CN¥56.4B and CN¥42.6B respectively.
Key information
160.9%
Debt to equity ratio
CN¥22.17b
Debt
Interest coverage ratio | n/a |
Cash | CN¥152.22m |
Equity | CN¥13.79b |
Total liabilities | CN¥42.57b |
Total assets | CN¥56.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 84R's short term assets (CN¥29.7B) exceed its short term liabilities (CN¥29.7B).
Long Term Liabilities: 84R's short term assets (CN¥29.7B) exceed its long term liabilities (CN¥12.9B).
Debt to Equity History and Analysis
Debt Level: 84R's net debt to equity ratio (159.7%) is considered high.
Reducing Debt: 84R's debt to equity ratio has reduced from 161.5% to 160.9% over the past 5 years.
Debt Coverage: 84R's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: Insufficient data to determine if 84R's interest payments on its debt are well covered by EBIT.