Guangdong Greenway TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Greenway TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥478.5M, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are CN¥2.6B and CN¥1.4B respectively.
Key information
42.4%
Debt to equity ratio
CN¥478.55m
Debt
Interest coverage ratio | n/a |
Cash | CN¥283.08m |
Equity | CN¥1.13b |
Total liabilities | CN¥1.44b |
Total assets | CN¥2.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688345's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 688345's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥181.7M).
Debt to Equity History and Analysis
Debt Level: 688345's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 688345's debt to equity ratio has increased from 10.3% to 42.4% over the past 5 years.
Debt Coverage: 688345's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688345's interest payments on its debt are well covered by EBIT.