Guangbo Group Stock Balance Sheet Health
Financial Health criteria checks 6/6
Guangbo Group Stock has a total shareholder equity of CN¥965.6M and total debt of CN¥179.3M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥1.6B and CN¥655.9M respectively. Guangbo Group Stock's EBIT is CN¥115.3M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥319.0M.
Key information
18.6%
Debt to equity ratio
CN¥179.30m
Debt
Interest coverage ratio | -7.8x |
Cash | CN¥318.99m |
Equity | CN¥965.62m |
Total liabilities | CN¥655.86m |
Total assets | CN¥1.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002103's short term assets (CN¥878.9M) exceed its short term liabilities (CN¥618.9M).
Long Term Liabilities: 002103's short term assets (CN¥878.9M) exceed its long term liabilities (CN¥37.0M).
Debt to Equity History and Analysis
Debt Level: 002103 has more cash than its total debt.
Reducing Debt: 002103's debt to equity ratio has reduced from 49% to 18.6% over the past 5 years.
Debt Coverage: 002103's debt is well covered by operating cash flow (232.3%).
Interest Coverage: 002103 earns more interest than it pays, so coverage of interest payments is not a concern.