Guizhou Guihang Automotive ComponentsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guizhou Guihang Automotive ComponentsLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥9.6M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥3.8B and CN¥725.4M respectively. Guizhou Guihang Automotive ComponentsLtd's EBIT is CN¥148.8M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥421.7M.
Key information
0.3%
Debt to equity ratio
CN¥9.61m
Debt
Interest coverage ratio | -2.6x |
Cash | CN¥421.74m |
Equity | CN¥3.04b |
Total liabilities | CN¥725.42m |
Total assets | CN¥3.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600523's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥680.4M).
Long Term Liabilities: 600523's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥45.0M).
Debt to Equity History and Analysis
Debt Level: 600523 has more cash than its total debt.
Reducing Debt: 600523's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 600523's debt is well covered by operating cash flow (716.2%).
Interest Coverage: 600523 earns more interest than it pays, so coverage of interest payments is not a concern.