Guangzhou Seagull Kitchen and Bath Products Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Seagull Kitchen and Bath Products has a total shareholder equity of CN¥1.8B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are CN¥3.7B and CN¥2.0B respectively.
Key information
57.6%
Debt to equity ratio
CN¥1.01b
Debt
Interest coverage ratio | n/a |
Cash | CN¥735.70m |
Equity | CN¥1.76b |
Total liabilities | CN¥1.96b |
Total assets | CN¥3.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002084's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002084's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥328.7M).
Debt to Equity History and Analysis
Debt Level: 002084's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 002084's debt to equity ratio has increased from 43.6% to 57.6% over the past 5 years.
Debt Coverage: 002084's debt is well covered by operating cash flow (36.7%).
Interest Coverage: Insufficient data to determine if 002084's interest payments on its debt are well covered by EBIT.