GNI Group Balance Sheet Health
Financial Health criteria checks 5/6
GNI Group has a total shareholder equity of ¥39.6B and total debt of ¥5.5B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are ¥69.0B and ¥29.4B respectively. GNI Group's EBIT is ¥791.0M making its interest coverage ratio 0.5. It has cash and short-term investments of ¥16.3B.
Key information
13.8%
Debt to equity ratio
JP¥5.47b
Debt
| Interest coverage ratio | 0.5x |
| Cash | JP¥16.31b |
| Equity | JP¥39.56b |
| Total liabilities | JP¥29.43b |
| Total assets | JP¥68.99b |
Recent financial health updates
Recent updates
GNI Group's (TSE:2160) Shareholders Should Assess Earnings With Caution
Aug 27
GNI Group Ltd. (TSE:2160) Stock's 37% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 06Investors Continue Waiting On Sidelines For GNI Group Ltd. (TSE:2160)
Jun 20Is GNI Group (TSE:2160) Using Too Much Debt?
Apr 12News Flash: Analysts Just Made An Incredible Upgrade To Their GNI Group Ltd. (TSE:2160) Forecasts
Mar 19Further Upside For GNI Group Ltd. (TSE:2160) Shares Could Introduce Price Risks After 40% Bounce
Feb 28Financial Position Analysis
Short Term Liabilities: 2160's short term assets (¥30.8B) exceed its short term liabilities (¥10.9B).
Long Term Liabilities: 2160's short term assets (¥30.8B) exceed its long term liabilities (¥18.5B).
Debt to Equity History and Analysis
Debt Level: 2160 has more cash than its total debt.
Reducing Debt: 2160's debt to equity ratio has reduced from 16.8% to 13.8% over the past 5 years.
Debt Coverage: 2160's debt is well covered by operating cash flow (77%).
Interest Coverage: 2160's interest payments on its debt are not well covered by EBIT (0.5x coverage).