GCL New Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
GCL New Energy Holdings has a total shareholder equity of CN¥5.0B and total debt of CN¥434.4M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥6.4B and CN¥1.5B respectively.
Key information
8.7%
Debt to equity ratio
CN¥434.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥399.95m |
| Equity | CN¥4.98b |
| Total liabilities | CN¥1.47b |
| Total assets | CN¥6.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJI's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥711.2M).
Long Term Liabilities: TJI's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥756.5M).
Debt to Equity History and Analysis
Debt Level: TJI's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: TJI's debt to equity ratio has reduced from 405.2% to 8.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TJI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TJI has less than a year of cash runway if free cash flow continues to grow at historical rates of 41.4% each year.