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¥6.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥3.8B and CN¥754.6M respectively. Guizhou Guihang Automotive ComponentsLtd's EBIT is CN¥140.2M making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥424.8M.
Key information
0.2%
Debt to equity ratio
CN¥6.47m
Debt
| Interest coverage ratio | -2.2x |
| Cash | CN¥424.81m |
| Equity | CN¥3.03b |
| Total liabilities | CN¥754.61m |
| Total assets | CN¥3.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600523's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥713.1M).
Long Term Liabilities: 600523's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥41.5M).
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 0.04% to 0.2% over the past 5 years.
Debt Coverage: 600523's debt is well covered by operating cash flow (2469.5%).
Interest Coverage: 600523 earns more interest than it pays, so coverage of interest payments is not a concern.