Guangzhou Baiyun Electric Equipment Balance Sheet Health
Financial Health criteria checks 3/6
Guangzhou Baiyun Electric Equipment has a total shareholder equity of CN¥3.2B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are CN¥9.7B and CN¥6.5B respectively. Guangzhou Baiyun Electric Equipment's EBIT is CN¥261.7M making its interest coverage ratio 12.8. It has cash and short-term investments of CN¥606.9M.
Key information
79.2%
Debt to equity ratio
CN¥2.51b
Debt
| Interest coverage ratio | 12.8x |
| Cash | CN¥606.90m |
| Equity | CN¥3.17b |
| Total liabilities | CN¥6.54b |
| Total assets | CN¥9.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603861's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 603861's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 603861's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: 603861's debt to equity ratio has increased from 50.8% to 79.2% over the past 5 years.
Debt Coverage: 603861's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603861's interest payments on its debt are well covered by EBIT (12.8x coverage).