ShenZhen GAD Environmental Technology Balance Sheet Health
Financial Health criteria checks 6/6
ShenZhen GAD Environmental Technology has a total shareholder equity of CN¥997.3M and total debt of CN¥3.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.6B and CN¥621.7M respectively. ShenZhen GAD Environmental Technology's EBIT is CN¥58.4M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥337.5M.
Key information
0.3%
Debt to equity ratio
CN¥3.17m
Debt
Interest coverage ratio | -2.7x |
Cash | CN¥337.55m |
Equity | CN¥997.27m |
Total liabilities | CN¥621.71m |
Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300854's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥616.2M).
Long Term Liabilities: 300854's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥5.5M).
Debt to Equity History and Analysis
Debt Level: 300854 has more cash than its total debt.
Reducing Debt: 300854's debt to equity ratio has reduced from 1.5% to 0.3% over the past 5 years.
Debt Coverage: 300854's debt is well covered by operating cash flow (5763.9%).
Interest Coverage: 300854 earns more interest than it pays, so coverage of interest payments is not a concern.