Gala Technology Holding Balance Sheet Health
Financial Health criteria checks 6/6
Gala Technology Holding has a total shareholder equity of CN¥303.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥526.9M and CN¥223.0M respectively. Gala Technology Holding's EBIT is CN¥37.6M making its interest coverage ratio -22.2. It has cash and short-term investments of CN¥323.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -22.2x |
| Cash | CN¥323.47m |
| Equity | CN¥303.89m |
| Total liabilities | CN¥223.02m |
| Total assets | CN¥526.90m |
Recent financial health updates
No updates
Recent updates
Gala Technology Holding (HKG:2458) Might Be Having Difficulty Using Its Capital Effectively
Oct 02
Gala Technology Holding (HKG:2458) Is Reinvesting At Lower Rates Of Return
Jul 04Gala Technology Holding Limited's (HKG:2458) Business Is Yet to Catch Up With Its Share Price
Apr 11Estimating The Intrinsic Value Of Gala Technology Holding Limited (HKG:2458)
May 30Financial Position Analysis
Short Term Liabilities: 2458's short term assets (CN¥393.0M) exceed its short term liabilities (CN¥173.5M).
Long Term Liabilities: 2458's short term assets (CN¥393.0M) exceed its long term liabilities (CN¥49.5M).
Debt to Equity History and Analysis
Debt Level: 2458 is debt free.
Reducing Debt: 2458 has not had any debt for past 5 years.
Debt Coverage: 2458 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2458 has no debt, therefore coverage of interest payments is not a concern.