Kunshan GuoLi Electronic Technology Balance Sheet Health
Financial Health criteria checks 4/6
Kunshan GuoLi Electronic Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥461.3M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥2.1B and CN¥1.0B respectively. Kunshan GuoLi Electronic Technology's EBIT is CN¥23.7M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥778.2M.
Key information
41.2%
Debt to equity ratio
CN¥461.27m
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥778.19m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688103's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥536.5M).
Long Term Liabilities: 688103's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥471.3M).
Debt to Equity History and Analysis
Debt Level: 688103 has more cash than its total debt.
Reducing Debt: 688103's debt to equity ratio has increased from 16.1% to 41.2% over the past 5 years.
Debt Coverage: 688103's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 688103 earns more interest than it pays, so coverage of interest payments is not a concern.