Guangdong Vanward New Electric Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Vanward New Electric has a total shareholder equity of CN¥4.7B and total debt of CN¥710.0M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥8.4B and CN¥3.7B respectively. Guangdong Vanward New Electric's EBIT is CN¥701.1M making its interest coverage ratio -39.6. It has cash and short-term investments of CN¥3.5B.
Key information
15.1%
Debt to equity ratio
CN¥709.98m
Debt
| Interest coverage ratio | -39.6x |
| Cash | CN¥3.46b |
| Equity | CN¥4.70b |
| Total liabilities | CN¥3.69b |
| Total assets | CN¥8.39b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Guangdong Vanward New Electric Co., Ltd. (SZSE:002543)
Oct 31
Guangdong Vanward New Electric (SZSE:002543) Is Paying Out A Dividend Of CN¥0.40
Jun 13Is Guangdong Vanward New Electric (SZSE:002543) A Risky Investment?
Jun 11Here's What To Make Of Guangdong Vanward New Electric's (SZSE:002543) Decelerating Rates Of Return
May 22Shareholders Will Be Pleased With The Quality of Guangdong Vanward New Electric's (SZSE:002543) Earnings
May 03Guangdong Vanward New Electric Co., Ltd.'s (SZSE:002543) Low P/E No Reason For Excitement
Apr 04Financial Position Analysis
Short Term Liabilities: 002543's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002543's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥51.8M).
Debt to Equity History and Analysis
Debt Level: 002543 has more cash than its total debt.
Reducing Debt: 002543's debt to equity ratio has increased from 15% to 15.1% over the past 5 years.
Debt Coverage: 002543's debt is well covered by operating cash flow (151.3%).
Interest Coverage: 002543 earns more interest than it pays, so coverage of interest payments is not a concern.