Guanglian Aviation Industry Balance Sheet Health
Financial Health criteria checks 2/6
Guanglian Aviation Industry has a total shareholder equity of CN¥1.7B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 138.1%. Its total assets and total liabilities are CN¥4.9B and CN¥3.2B respectively. Guanglian Aviation Industry's EBIT is CN¥112.5M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥240.3M.
Key information
138.1%
Debt to equity ratio
CN¥2.39b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥240.29m |
| Equity | CN¥1.73b |
| Total liabilities | CN¥3.18b |
| Total assets | CN¥4.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300900's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300900's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 300900's net debt to equity ratio (124.2%) is considered high.
Reducing Debt: 300900's debt to equity ratio has increased from 15.4% to 138.1% over the past 5 years.
Debt Coverage: 300900's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: 300900's interest payments on its debt are not well covered by EBIT (1.7x coverage).