Guangzhou Zhiguang ElectricLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangzhou Zhiguang ElectricLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are CN¥8.6B and CN¥5.5B respectively.
Key information
75.1%
Debt to equity ratio
CN¥2.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥723.93m |
| Equity | CN¥3.12b |
| Total liabilities | CN¥5.49b |
| Total assets | CN¥8.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002169's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002169's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 002169's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: 002169's debt to equity ratio has increased from 55.5% to 75.1% over the past 5 years.
Debt Coverage: 002169's debt is not well covered by operating cash flow (7%).
Interest Coverage: Insufficient data to determine if 002169's interest payments on its debt are well covered by EBIT.