Guangzhou Zhiguang ElectricLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangzhou Zhiguang ElectricLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are CN¥8.6B and CN¥5.5B respectively.
Key information
75.1%
Debt to equity ratio
CN¥2.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥723.93m |
| Equity | CN¥3.12b |
| Total liabilities | CN¥5.49b |
| Total assets | CN¥8.62b |
Recent financial health updates
Does Guangzhou Zhiguang ElectricLtd (SZSE:002169) Have A Healthy Balance Sheet?
Sep 30
Here's Why Guangzhou Zhiguang ElectricLtd (SZSE:002169) Can Afford Some Debt
Jun 05Recent updates
There's No Escaping Guangzhou Zhiguang Electric Co.,Ltd.'s (SZSE:002169) Muted Revenues Despite A 45% Share Price Rise
Oct 08Does Guangzhou Zhiguang ElectricLtd (SZSE:002169) Have A Healthy Balance Sheet?
Sep 30Guangzhou Zhiguang ElectricLtd (SZSE:002169) Will Pay A Dividend Of CN¥0.10
Jul 05Here's Why Guangzhou Zhiguang ElectricLtd (SZSE:002169) Can Afford Some Debt
Jun 05Revenues Not Telling The Story For Guangzhou Zhiguang Electric Co., Ltd. (SZSE:002169) After Shares Rise 31%
Mar 06Financial Position Analysis
Short Term Liabilities: 002169's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002169's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 002169's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: 002169's debt to equity ratio has increased from 55.5% to 75.1% over the past 5 years.
Debt Coverage: 002169's debt is not well covered by operating cash flow (7%).
Interest Coverage: Insufficient data to determine if 002169's interest payments on its debt are well covered by EBIT.