Golden Heaven Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Golden Heaven Group Holdings has a total shareholder equity of $64.3M and total debt of $675.9K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $82.9M and $18.6M respectively. Golden Heaven Group Holdings's EBIT is $3.8M making its interest coverage ratio -100. It has cash and short-term investments of $129.4K.
Key information
1.1%
Debt to equity ratio
US$675.88k
Debt
| Interest coverage ratio | -100x |
| Cash | US$129.42k |
| Equity | US$64.29m |
| Total liabilities | US$18.63m |
| Total assets | US$82.92m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDHG's short term assets ($3.9M) do not cover its short term liabilities ($8.5M).
Long Term Liabilities: GDHG's short term assets ($3.9M) do not cover its long term liabilities ($10.1M).
Debt to Equity History and Analysis
Debt Level: GDHG's net debt to equity ratio (0.9%) is considered satisfactory.
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.