Gold cup Electric ApparatusLtd Balance Sheet Health
Financial Health criteria checks 4/6
Gold cup Electric ApparatusLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are CN¥8.3B and CN¥3.9B respectively. Gold cup Electric ApparatusLtd's EBIT is CN¥733.4M making its interest coverage ratio -106.5. It has cash and short-term investments of CN¥830.9M.
Key information
23.5%
Debt to equity ratio
CN¥1.04b
Debt
Interest coverage ratio | -106.5x |
Cash | CN¥830.94m |
Equity | CN¥4.41b |
Total liabilities | CN¥3.88b |
Total assets | CN¥8.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002533's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002533's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥907.5M).
Debt to Equity History and Analysis
Debt Level: 002533's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 002533's debt to equity ratio has increased from 14% to 23.5% over the past 5 years.
Debt Coverage: 002533's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 002533 earns more interest than it pays, so coverage of interest payments is not a concern.