Guangzhou Great Power Energy and Technology Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Great Power Energy and Technology has a total shareholder equity of CN¥5.6B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are CN¥15.9B and CN¥10.3B respectively. Guangzhou Great Power Energy and Technology's EBIT is CN¥135.7M making its interest coverage ratio 153.5. It has cash and short-term investments of CN¥1.9B.
Key information
48.0%
Debt to equity ratio
CN¥2.68b
Debt
| Interest coverage ratio | 153.5x |
| Cash | CN¥1.93b |
| Equity | CN¥5.60b |
| Total liabilities | CN¥10.30b |
| Total assets | CN¥15.89b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300438's short term assets (CN¥8.5B) exceed its short term liabilities (CN¥7.6B).
Long Term Liabilities: 300438's short term assets (CN¥8.5B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 300438's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 300438's debt to equity ratio has increased from 20.5% to 48% over the past 5 years.
Debt Coverage: 300438's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 300438's interest payments on its debt are well covered by EBIT (153.5x coverage).