Guodian Nanjing Automation Balance Sheet Health
Financial Health criteria checks 6/6
Guodian Nanjing Automation has a total shareholder equity of CN¥4.0B and total debt of CN¥417.8M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥9.8B and CN¥5.8B respectively. Guodian Nanjing Automation's EBIT is CN¥508.3M making its interest coverage ratio 46.5. It has cash and short-term investments of CN¥1.5B.
Key information
10.5%
Debt to equity ratio
CN¥417.80m
Debt
Interest coverage ratio | 46.5x |
Cash | CN¥1.49b |
Equity | CN¥3.99b |
Total liabilities | CN¥5.82b |
Total assets | CN¥9.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600268's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 600268's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥372.9M).
Debt to Equity History and Analysis
Debt Level: 600268 has more cash than its total debt.
Reducing Debt: 600268's debt to equity ratio has reduced from 66.8% to 10.5% over the past 5 years.
Debt Coverage: 600268's debt is well covered by operating cash flow (301.4%).
Interest Coverage: 600268's interest payments on its debt are well covered by EBIT (46.5x coverage).