Golden Heaven Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Golden Heaven Group Holdings has a total shareholder equity of $61.1M and total debt of $139.3K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $82.2M and $21.2M respectively. Golden Heaven Group Holdings's EBIT is $10.7M making its interest coverage ratio -156.5. It has cash and short-term investments of $245.9K.
Key information
0.2%
Debt to equity ratio
US$139.28k
Debt
Interest coverage ratio | -156.5x |
Cash | US$245.91k |
Equity | US$61.05m |
Total liabilities | US$21.18m |
Total assets | US$82.23m |
Financial Position Analysis
Short Term Liabilities: GDHG's short term assets ($14.7M) exceed its short term liabilities ($14.5M).
Long Term Liabilities: GDHG's short term assets ($14.7M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: GDHG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GDHG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GDHG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GDHG earns more interest than it pays, so coverage of interest payments is not a concern.