GCL Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
GCL Technology Holdings has a total shareholder equity of CN¥48.3B and total debt of CN¥15.9B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are CN¥82.8B and CN¥34.5B respectively. GCL Technology Holdings's EBIT is CN¥7.4B making its interest coverage ratio 41.5. It has cash and short-term investments of CN¥8.5B.
Key information
32.9%
Debt to equity ratio
CN¥15.88b
Debt
Interest coverage ratio | 41.5x |
Cash | CN¥8.52b |
Equity | CN¥48.32b |
Total liabilities | CN¥34.45b |
Total assets | CN¥82.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3GY's short term assets (CN¥34.7B) exceed its short term liabilities (CN¥22.1B).
Long Term Liabilities: 3GY's short term assets (CN¥34.7B) exceed its long term liabilities (CN¥12.3B).
Debt to Equity History and Analysis
Debt Level: 3GY's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 3GY's debt to equity ratio has reduced from 225.4% to 32.9% over the past 5 years.
Debt Coverage: 3GY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3GY's interest payments on its debt are well covered by EBIT (41.5x coverage).