Glory Health Industry Balance Sheet Health
Financial Health criteria checks 2/6
Glory Health Industry has a total shareholder equity of CN¥13.7B and total debt of CN¥22.1B, which brings its debt-to-equity ratio to 161.3%. Its total assets and total liabilities are CN¥55.1B and CN¥41.4B respectively.
Key information
161.3%
Debt to equity ratio
CN¥22.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥210.06m |
| Equity | CN¥13.72b |
| Total liabilities | CN¥41.36b |
| Total assets | CN¥55.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 84R's short term assets (CN¥28.7B) do not cover its short term liabilities (CN¥28.9B).
Long Term Liabilities: 84R's short term assets (CN¥28.7B) exceed its long term liabilities (CN¥12.4B).
Debt to Equity History and Analysis
Debt Level: 84R's net debt to equity ratio (159.8%) is considered high.
Reducing Debt: 84R's debt to equity ratio has reduced from 167.5% to 161.3% over the past 5 years.
Debt Coverage: 84R's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: Insufficient data to determine if 84R's interest payments on its debt are well covered by EBIT.