Changshu Guorui TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Changshu Guorui TechnologyLtd has a total shareholder equity of CN¥925.1M and total debt of CN¥20.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥1.1B and CN¥179.2M respectively.
Key information
2.2%
Debt to equity ratio
CN¥20.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥118.50m |
| Equity | CN¥925.09m |
| Total liabilities | CN¥179.20m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300600's short term assets (CN¥710.2M) exceed its short term liabilities (CN¥178.9M).
Long Term Liabilities: 300600's short term assets (CN¥710.2M) exceed its long term liabilities (CN¥296.7K).
Debt to Equity History and Analysis
Debt Level: 300600 has more cash than its total debt.
Reducing Debt: 300600's debt to equity ratio has increased from 1.6% to 2.2% over the past 5 years.
Debt Coverage: 300600's debt is well covered by operating cash flow (23%).
Interest Coverage: Insufficient data to determine if 300600's interest payments on its debt are well covered by EBIT.