Guodian Nanjing Automation Balance Sheet Health
Financial Health criteria checks 6/6
Guodian Nanjing Automation has a total shareholder equity of CN¥3.8B and total debt of CN¥453.2M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are CN¥9.8B and CN¥6.0B respectively. Guodian Nanjing Automation's EBIT is CN¥547.2M making its interest coverage ratio 81. It has cash and short-term investments of CN¥1.6B.
Key information
11.8%
Debt to equity ratio
CN¥453.24m
Debt
| Interest coverage ratio | 81x |
| Cash | CN¥1.56b |
| Equity | CN¥3.85b |
| Total liabilities | CN¥5.98b |
| Total assets | CN¥9.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600268's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 600268's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥333.0M).
Debt to Equity History and Analysis
Debt Level: 600268 has more cash than its total debt.
Reducing Debt: 600268's debt to equity ratio has reduced from 69.4% to 11.8% over the past 5 years.
Debt Coverage: 600268's debt is well covered by operating cash flow (301.5%).
Interest Coverage: 600268's interest payments on its debt are well covered by EBIT (81x coverage).