Guangzhou Guangri StockLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Guangri StockLtd has a total shareholder equity of CN¥9.6B and total debt of CN¥84.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥14.4B and CN¥4.7B respectively.
Key information
0.9%
Debt to equity ratio
CN¥84.17m
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.03b |
Equity | CN¥9.64b |
Total liabilities | CN¥4.72b |
Total assets | CN¥14.36b |
Recent financial health updates
Recent updates
Guangzhou Guangri Stock Co.,Ltd.'s (SHSE:600894) Shares Bounce 34% But Its Business Still Trails The Market
Apr 18Guangzhou Guangri Stock Co.,Ltd. (SHSE:600894) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Mar 04Does Guangzhou Guangri StockLtd (SHSE:600894) Have A Healthy Balance Sheet?
Feb 29Financial Position Analysis
Short Term Liabilities: 600894's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 600894's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥178.9M).
Debt to Equity History and Analysis
Debt Level: 600894 has more cash than its total debt.
Reducing Debt: 600894's debt to equity ratio has reduced from 1.7% to 0.9% over the past 5 years.
Debt Coverage: 600894's debt is well covered by operating cash flow (576.6%).
Interest Coverage: Insufficient data to determine if 600894's interest payments on its debt are well covered by EBIT.