Xiamen Guang Pu Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Guang Pu Electronics has a total shareholder equity of CN¥1.9B and total debt of CN¥325.5M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are CN¥2.6B and CN¥669.4M respectively. Xiamen Guang Pu Electronics's EBIT is CN¥60.3M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥1.5B.
Key information
16.9%
Debt to equity ratio
CN¥325.47m
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥1.50b |
Equity | CN¥1.93b |
Total liabilities | CN¥669.43m |
Total assets | CN¥2.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300632's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥565.5M).
Long Term Liabilities: 300632's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥104.0M).
Debt to Equity History and Analysis
Debt Level: 300632 has more cash than its total debt.
Reducing Debt: 300632's debt to equity ratio has reduced from 48.7% to 16.9% over the past 5 years.
Debt Coverage: 300632's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 300632 earns more interest than it pays, so coverage of interest payments is not a concern.