Guangdong Real-Design Intelligent Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Real-Design Intelligent Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥108.5M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥1.8B and CN¥537.5M respectively. Guangdong Real-Design Intelligent Technology's EBIT is CN¥27.3M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥697.9M.
Key information
8.4%
Debt to equity ratio
CN¥108.50m
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥697.91m |
Equity | CN¥1.29b |
Total liabilities | CN¥537.51m |
Total assets | CN¥1.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301135's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥427.3M).
Long Term Liabilities: 301135's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥110.2M).
Debt to Equity History and Analysis
Debt Level: 301135 has more cash than its total debt.
Reducing Debt: 301135's debt to equity ratio has reduced from 68.2% to 8.4% over the past 5 years.
Debt Coverage: 301135's debt is well covered by operating cash flow (70.9%).
Interest Coverage: 301135 earns more interest than it pays, so coverage of interest payments is not a concern.