Guanfu Holding Balance Sheet Health
Financial Health criteria checks 6/6
Guanfu Holding has a total shareholder equity of CN¥4.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥9.2B and CN¥4.9B respectively. Guanfu Holding's EBIT is CN¥135.1M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥2.1B.
Key information
33.8%
Debt to equity ratio
CN¥1.45b
Debt
Interest coverage ratio | -0.7x |
Cash | CN¥2.12b |
Equity | CN¥4.28b |
Total liabilities | CN¥4.87b |
Total assets | CN¥9.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002102's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 002102's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥467.3M).
Debt to Equity History and Analysis
Debt Level: 002102 has more cash than its total debt.
Reducing Debt: 002102's debt to equity ratio has reduced from 73.4% to 33.8% over the past 5 years.
Debt Coverage: 002102's debt is well covered by operating cash flow (56.1%).
Interest Coverage: 002102 earns more interest than it pays, so coverage of interest payments is not a concern.