Guangdong Feinan Resources Recycling Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Feinan Resources Recycling has a total shareholder equity of CN¥4.5B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 104.1%. Its total assets and total liabilities are CN¥11.2B and CN¥6.7B respectively. Guangdong Feinan Resources Recycling's EBIT is CN¥152.0M making its interest coverage ratio 9. It has cash and short-term investments of CN¥450.7M.
Key information
104.1%
Debt to equity ratio
CN¥4.68b
Debt
Interest coverage ratio | 9x |
Cash | CN¥450.72m |
Equity | CN¥4.49b |
Total liabilities | CN¥6.67b |
Total assets | CN¥11.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301500's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 301500's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 301500's net debt to equity ratio (94%) is considered high.
Reducing Debt: 301500's debt to equity ratio has increased from 5.3% to 104.1% over the past 5 years.
Debt Coverage: 301500's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301500's interest payments on its debt are well covered by EBIT (9x coverage).