Geely Automobile Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Geely Automobile Holdings has a total shareholder equity of CN¥96.2B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥197.0B and CN¥100.8B respectively. Geely Automobile Holdings's EBIT is CN¥3.5B making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥41.5B.
Key information
5.5%
Debt to equity ratio
CN¥5.30b
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥41.49b |
| Equity | CN¥96.18b |
| Total liabilities | CN¥100.84b |
| Total assets | CN¥197.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GELY.Y's short term assets (CN¥95.1B) exceed its short term liabilities (CN¥90.2B).
Long Term Liabilities: GELY.Y's short term assets (CN¥95.1B) exceed its long term liabilities (CN¥10.7B).
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 7.3% to 5.5% over the past 5 years.
Debt Coverage: GELY.Y's debt is well covered by operating cash flow (486.7%).
Interest Coverage: GELY.Y earns more interest than it pays, so coverage of interest payments is not a concern.