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).