Gaoyu Finance Group Balance Sheet Health
Financial Health criteria checks 3/6
Gaoyu Finance Group has a total shareholder equity of HK$153.9M and total debt of HK$28.4M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are HK$229.3M and HK$75.4M respectively.
Key information
18.4%
Debt to equity ratio
HK$28.39m
Debt
Interest coverage ratio | n/a |
Cash | HK$59.66m |
Equity | HK$153.90m |
Total liabilities | HK$75.40m |
Total assets | HK$229.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8221's short term assets (HK$217.7M) exceed its short term liabilities (HK$70.4M).
Long Term Liabilities: 8221's short term assets (HK$217.7M) exceed its long term liabilities (HK$5.0M).
Debt to Equity History and Analysis
Debt Level: 8221 has more cash than its total debt.
Reducing Debt: 8221's debt to equity ratio has increased from 1.8% to 18.4% over the past 5 years.
Debt Coverage: 8221's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8221's interest payments on its debt are well covered by EBIT.