Guangzhou Metro Design & Research Institute Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Metro Design & Research Institute has a total shareholder equity of CN¥2.6B and total debt of CN¥296.2M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥5.4B and CN¥2.7B respectively. Guangzhou Metro Design & Research Institute's EBIT is CN¥495.5M making its interest coverage ratio -104.9. It has cash and short-term investments of CN¥782.7M.
Key information
11.3%
Debt to equity ratio
CN¥296.24m
Debt
Interest coverage ratio | -104.9x |
Cash | CN¥782.74m |
Equity | CN¥2.63b |
Total liabilities | CN¥2.74b |
Total assets | CN¥5.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003013's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 003013's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥31.7M).
Debt to Equity History and Analysis
Debt Level: 003013 has more cash than its total debt.
Reducing Debt: 003013's debt to equity ratio has increased from 0% to 11.3% over the past 5 years.
Debt Coverage: 003013's debt is well covered by operating cash flow (45.5%).
Interest Coverage: 003013 earns more interest than it pays, so coverage of interest payments is not a concern.