Grand Industrial HoldingLtd Balance Sheet Health
Financial Health criteria checks 4/6
Grand Industrial HoldingLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are CN¥8.5B and CN¥5.7B respectively.
Key information
39.5%
Debt to equity ratio
CN¥1.11b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.10b |
| Equity | CN¥2.82b |
| Total liabilities | CN¥5.69b |
| Total assets | CN¥8.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000626's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 000626's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥554.2M).
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 9.6% to 39.5% over the past 5 years.
Debt Coverage: 000626's debt is well covered by operating cash flow (57.3%).
Interest Coverage: Insufficient data to determine if 000626's interest payments on its debt are well covered by EBIT.