Guangdong Shunna Electric Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Shunna Electric has a total shareholder equity of CN¥1.0B and total debt of CN¥184.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥2.9B and CN¥1.9B respectively. Guangdong Shunna Electric's EBIT is CN¥156.3M making its interest coverage ratio 33.3. It has cash and short-term investments of CN¥136.8M.
Key information
18.3%
Debt to equity ratio
CN¥184.02m
Debt
| Interest coverage ratio | 33.3x |
| Cash | CN¥136.81m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000533's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 000533's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥227.8M).
Debt to Equity History and Analysis
Debt Level: 000533's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 000533's debt to equity ratio has reduced from 52.1% to 18.3% over the past 5 years.
Debt Coverage: 000533's debt is well covered by operating cash flow (107.4%).
Interest Coverage: 000533's interest payments on its debt are well covered by EBIT (33.3x coverage).