Geely Automobile Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Geely Automobile Holdings has a total shareholder equity of CN¥85.2B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CN¥192.6B and CN¥107.4B respectively. Geely Automobile Holdings's EBIT is CN¥2.4B making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥35.7B.
Key information
6.4%
Debt to equity ratio
CN¥5.44b
Debt
Interest coverage ratio | -3.6x |
Cash | CN¥35.75b |
Equity | CN¥85.15b |
Total liabilities | CN¥107.45b |
Total assets | CN¥192.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GELY.Y's short term assets (CN¥113.6B) exceed its short term liabilities (CN¥96.8B).
Long Term Liabilities: GELY.Y's short term assets (CN¥113.6B) exceed its long term liabilities (CN¥10.6B).
Debt to Equity History and Analysis
Debt Level: GELY.Y has more cash than its total debt.
Reducing Debt: GELY.Y's debt to equity ratio has reduced from 7.5% to 6.4% over the past 5 years.
Debt Coverage: GELY.Y's debt is well covered by operating cash flow (410.7%).
Interest Coverage: GELY.Y earns more interest than it pays, so coverage of interest payments is not a concern.