Changshu Guorui TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Changshu Guorui TechnologyLtd has a total shareholder equity of CN¥949.4M and total debt of CN¥78.6M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥1.2B and CN¥222.1M respectively.
Key information
8.3%
Debt to equity ratio
CN¥78.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥191.34m |
| Equity | CN¥949.38m |
| Total liabilities | CN¥222.08m |
| Total assets | CN¥1.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300600's short term assets (CN¥774.0M) exceed its short term liabilities (CN¥221.6M).
Long Term Liabilities: 300600's short term assets (CN¥774.0M) exceed its long term liabilities (CN¥432.1K).
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 0% to 8.3% over the past 5 years.
Debt Coverage: 300600's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300600's interest payments on its debt are well covered by EBIT.