Guizhou Space Appliance Balance Sheet Health
Financial Health criteria checks 5/6
Guizhouce Appliance has a total shareholder equity of CN¥7.6B and total debt of CN¥64.1M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥11.8B and CN¥4.2B respectively. Guizhouce Appliance's EBIT is CN¥554.2M making its interest coverage ratio -36.6. It has cash and short-term investments of CN¥2.6B.
Key information
0.8%
Debt to equity ratio
CN¥64.07m
Debt
| Interest coverage ratio | -36.6x |
| Cash | CN¥2.57b |
| Equity | CN¥7.61b |
| Total liabilities | CN¥4.18b |
| Total assets | CN¥11.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002025's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002025's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥548.6M).
Debt to Equity History and Analysis
Debt Level: 002025 has more cash than its total debt.
Reducing Debt: 002025's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 002025's debt is well covered by operating cash flow (1845.9%).
Interest Coverage: 002025 earns more interest than it pays, so coverage of interest payments is not a concern.