Gome Finance Technology Balance Sheet Health
Financial Health criteria checks 6/6
Gome Finance Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥18.0M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥284.38m |
Equity | CN¥1.68b |
Total liabilities | CN¥18.01m |
Total assets | CN¥1.70b |
Financial Position Analysis
Short Term Liabilities: 628's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥18.0M).
Long Term Liabilities: 628 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 628 is debt free.
Reducing Debt: 628 has no debt compared to 5 years ago when its debt to equity ratio was 45.6%.
Debt Coverage: 628 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 628 has no debt, therefore coverage of interest payments is not a concern.