Grand Industrial HoldingLtd Balance Sheet Health
Financial Health criteria checks 3/6
Grand Industrial HoldingLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 82.2%. Its total assets and total liabilities are CN¥9.4B and CN¥6.5B respectively.
Key information
82.2%
Debt to equity ratio
CN¥2.37b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.77b |
Equity | CN¥2.89b |
Total liabilities | CN¥6.50b |
Total assets | CN¥9.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000626's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 000626's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥796.5M).
Debt to Equity History and Analysis
Debt Level: 000626 has more cash than its total debt.
Reducing Debt: 000626's debt to equity ratio has increased from 23.6% to 82.2% over the past 5 years.
Debt Coverage: 000626's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000626's interest payments on its debt are well covered by EBIT.