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¥441.8M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CN¥10.2B and CN¥6.2B respectively. Guodian Nanjing Automation's EBIT is CN¥591.8M making its interest coverage ratio 239.6. It has cash and short-term investments of CN¥1.9B.
Key information
11.1%
Debt to equity ratio
CN¥441.81m
Debt
| Interest coverage ratio | 239.6x |
| Cash | CN¥1.94b |
| Equity | CN¥3.98b |
| Total liabilities | CN¥6.18b |
| Total assets | CN¥10.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600268's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 600268's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥335.0M).
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 60.7% to 11.1% over the past 5 years.
Debt Coverage: 600268's debt is well covered by operating cash flow (374.1%).
Interest Coverage: 600268's interest payments on its debt are well covered by EBIT (239.6x coverage).