Golden Eagle Retail Group Balance Sheet Health
Financial Health criteria checks 5/6
Golden Eagle Retail Group has a total shareholder equity of CN¥10.0B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CN¥25.0B and CN¥15.0B respectively. Golden Eagle Retail Group's EBIT is CN¥2.1B making its interest coverage ratio 9.9. It has cash and short-term investments of CN¥8.3B.
Key information
56.4%
Debt to equity ratio
CN¥5.62b
Debt
| Interest coverage ratio | 9.9x |
| Cash | CN¥8.30b |
| Equity | CN¥9.97b |
| Total liabilities | CN¥15.00b |
| Total assets | CN¥24.96b |
Recent financial health updates
Golden Eagle Retail Group (HKG:3308) Has A Pretty Healthy Balance Sheet
Nov 13
We Think Golden Eagle Retail Group (HKG:3308) Is Taking Some Risk With Its Debt
Apr 09Recent updates
Golden Eagle Retail Group (HKG:3308) Is Doing The Right Things To Multiply Its Share Price
Aug 23Returns On Capital At Golden Eagle Retail Group (HKG:3308) Have Hit The Brakes
Apr 25Golden Eagle Retail Group's (HKG:3308) Returns Have Hit A Wall
Jan 05Golden Eagle Retail Group (HKG:3308) Has A Pretty Healthy Balance Sheet
Nov 13Golden Eagle Retail Group (HKG:3308) Has More To Do To Multiply In Value Going Forward
Sep 08Golden Eagle Retail Group (HKG:3308) Is Looking To Continue Growing Its Returns On Capital
Apr 26We Think Golden Eagle Retail Group (HKG:3308) Is Taking Some Risk With Its Debt
Apr 09Should You Buy Golden Eagle Retail Group Limited (HKG:3308) For Its Dividend?
Mar 08Is Golden Eagle Retail Group Limited (HKG:3308) Popular Amongst Insiders?
Feb 21Financial Position Analysis
Short Term Liabilities: 3308's short term assets (CN¥11.9B) do not cover its short term liabilities (CN¥12.7B).
Long Term Liabilities: 3308's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 3308 has more cash than its total debt.
Reducing Debt: 3308's debt to equity ratio has reduced from 133.6% to 56.4% over the past 5 years.
Debt Coverage: 3308's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 3308's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/10 05:03 |
| End of Day Share Price | 2023/09/18 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Golden Eagle Retail Group Limited is covered by 36 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vineet Kulbandu Sharma | Barclays |
| Sarah Liu | BNP Paribas Securities (Asia) |
| Jenny Chan | BOCI Research Ltd. |