GCL New Energy Holdings Balance Sheet Health
Financial Health criteria checks 6/6
GCL New Energy Holdings has a total shareholder equity of CN¥5.0B and total debt of CN¥414.6M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥6.5B and CN¥1.5B respectively.
Key information
8.3%
Debt to equity ratio
CN¥414.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥555.40m |
| Equity | CN¥4.99b |
| Total liabilities | CN¥1.51b |
| Total assets | CN¥6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 451's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥765.9M).
Long Term Liabilities: 451's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥745.7M).
Debt to Equity History and Analysis
Debt Level: 451 has more cash than its total debt.
Reducing Debt: 451's debt to equity ratio has reduced from 410.4% to 8.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 451 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 451 is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.