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¥507.1M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are CN¥2.6B and CN¥1.5B respectively.
Key information
45.1%
Debt to equity ratio
CN¥507.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥306.83m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.62b |
Financial Position Analysis
Short Term Liabilities: 688345's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688345's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥89.9M).
Debt to Equity History and Analysis
Debt Level: 688345's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 688345's debt to equity ratio has increased from 10.1% to 45.1% 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.