Guangdong Feinan Resources Recycling Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Feinan Resources Recycling has a total shareholder equity of CN¥4.8B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 114.2%. Its total assets and total liabilities are CN¥12.3B and CN¥7.5B respectively. Guangdong Feinan Resources Recycling's EBIT is CN¥492.7M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥1.1B.
Key information
114.2%
Debt to equity ratio
CN¥5.48b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥1.08b |
| Equity | CN¥4.80b |
| Total liabilities | CN¥7.47b |
| Total assets | CN¥12.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301500's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 301500's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 301500's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: 301500's debt to equity ratio has increased from 2.1% to 114.2% over the past 5 years.
Debt Coverage: 301500's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 301500's interest payments on its debt are well covered by EBIT (3.7x coverage).