Geely Automobile Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Geely Automobile Holdings has a total shareholder equity of CN¥76.2B and total debt of CN¥10.8B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥157.8B and CN¥81.6B respectively. Geely Automobile Holdings's EBIT is CN¥882.2M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥33.3B.
Key information
14.2%
Debt to equity ratio
CN¥10.82b
Debt
Interest coverage ratio | -1.9x |
Cash | CN¥33.34b |
Equity | CN¥76.20b |
Total liabilities | CN¥81.63b |
Total assets | CN¥157.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 175 N's short term assets (CN¥79.1B) exceed its short term liabilities (CN¥69.0B).
Long Term Liabilities: 175 N's short term assets (CN¥79.1B) exceed its long term liabilities (CN¥12.7B).
Debt to Equity History and Analysis
Debt Level: 175 N has more cash than its total debt.
Reducing Debt: 175 N's debt to equity ratio has increased from 3.7% to 14.2% over the past 5 years.
Debt Coverage: 175 N's debt is well covered by operating cash flow (148%).
Interest Coverage: 175 N earns more interest than it pays, so coverage of interest payments is not a concern.