Shanghai Guangdian Electric Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Guangdian Electric Group has a total shareholder equity of CN¥2.6B and total debt of CN¥17.4M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥3.1B and CN¥409.5M respectively.
Key information
0.7%
Debt to equity ratio
CN¥17.37m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.17b |
Equity | CN¥2.64b |
Total liabilities | CN¥409.48m |
Total assets | CN¥3.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601616's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥390.6M).
Long Term Liabilities: 601616's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥18.9M).
Debt to Equity History and Analysis
Debt Level: 601616 has more cash than its total debt.
Reducing Debt: 601616's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 601616's debt is well covered by operating cash flow (790.4%).
Interest Coverage: Insufficient data to determine if 601616's interest payments on its debt are well covered by EBIT.