Ganfeng Lithium Group Balance Sheet Health
Financial Health criteria checks 3/6
Ganfeng Lithium Group has a total shareholder equity of CN¥54.3B and total debt of CN¥26.7B, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are CN¥95.6B and CN¥41.3B respectively.
Key information
49.1%
Debt to equity ratio
CN¥26.66b
Debt
Interest coverage ratio | n/a |
Cash | CN¥9.72b |
Equity | CN¥54.26b |
Total liabilities | CN¥41.31b |
Total assets | CN¥95.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNEN.F's short term assets (CN¥25.7B) exceed its short term liabilities (CN¥20.5B).
Long Term Liabilities: GNEN.F's short term assets (CN¥25.7B) exceed its long term liabilities (CN¥20.8B).
Debt to Equity History and Analysis
Debt Level: GNEN.F's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: GNEN.F's debt to equity ratio has increased from 35.9% to 49.1% over the past 5 years.
Debt Coverage: GNEN.F's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: Insufficient data to determine if GNEN.F's interest payments on its debt are well covered by EBIT.