Guoguang ElectricLtd.Chengdu Balance Sheet Health
Financial Health criteria checks 6/6
Guoguang ElectricLtd.Chengdu has a total shareholder equity of CN¥1.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.4B and CN¥539.5M respectively. Guoguang ElectricLtd.Chengdu's EBIT is CN¥50.1M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥890.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥890.22m |
| Equity | CN¥1.87b |
| Total liabilities | CN¥539.51m |
| Total assets | CN¥2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688776's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥430.3M).
Long Term Liabilities: 688776's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥109.2M).
Debt to Equity History and Analysis
Debt Level: 688776 is debt free.
Reducing Debt: 688776 has no debt compared to 5 years ago when its debt to equity ratio was 1.5%.
Debt Coverage: 688776 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688776 has no debt, therefore coverage of interest payments is not a concern.