Guoguang ElectricLtd.Chengdu Balance Sheet Health
Financial Health criteria checks 6/6
Guoguang ElectricLtd.Chengdu has a total shareholder equity of CN¥1.9B and total debt of CN¥438.8K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥2.4B and CN¥519.5M respectively. Guoguang ElectricLtd.Chengdu's EBIT is CN¥78.8M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥987.3M.
Key information
0.02%
Debt to equity ratio
CN¥438.81k
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥987.26m |
| Equity | CN¥1.87b |
| Total liabilities | CN¥519.48m |
| Total assets | CN¥2.39b |
Recent financial health updates
Recent updates
Guoguang ElectricLtd.Chengdu's (SHSE:688776) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 22
We Think Guoguang ElectricLtd.Chengdu (SHSE:688776) Can Stay On Top Of Its Debt
Mar 26Revenues Tell The Story For Guoguang Electric Co.,Ltd.Chengdu (SHSE:688776) As Its Stock Soars 27%
Mar 04Financial Position Analysis
Short Term Liabilities: 688776's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥409.7M).
Long Term Liabilities: 688776's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥109.7M).
Debt to Equity History and Analysis
Debt Level: 688776 has more cash than its total debt.
Reducing Debt: 688776's debt to equity ratio has reduced from 4.4% to 0.02% over the past 5 years.
Debt Coverage: 688776's debt is well covered by operating cash flow (29179.2%).
Interest Coverage: 688776 earns more interest than it pays, so coverage of interest payments is not a concern.