Guangdong Homa Group Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Homa Group has a total shareholder equity of CN¥2.8B and total debt of CN¥686.9M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are CN¥12.7B and CN¥10.0B respectively. Guangdong Homa Group's EBIT is CN¥1.7B making its interest coverage ratio 711.7. It has cash and short-term investments of CN¥4.1B.
Key information
24.7%
Debt to equity ratio
CN¥686.94m
Debt
| Interest coverage ratio | 711.7x |
| Cash | CN¥4.07b |
| Equity | CN¥2.78b |
| Total liabilities | CN¥9.97b |
| Total assets | CN¥12.75b |
Recent financial health updates
Recent updates
There's No Escaping Guangdong Homa Group Co., Ltd.'s (SZSE:002668) Muted Earnings Despite A 37% Share Price Rise
Apr 19
These 4 Measures Indicate That Guangdong Homa Group (SZSE:002668) Is Using Debt Safely
Apr 16Guangdong Homa Group Co., Ltd.'s (SZSE:002668) Shares Bounce 29% But Its Business Still Trails The Market
Mar 05Here's Why Guangdong Homa Group (SZSE:002668) Has Caught The Eye Of Investors
Mar 04Financial Position Analysis
Short Term Liabilities: 002668's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 002668's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥605.9M).
Debt to Equity History and Analysis
Debt Level: 002668 has more cash than its total debt.
Reducing Debt: 002668's debt to equity ratio has reduced from 142.9% to 24.7% over the past 5 years.
Debt Coverage: 002668's debt is well covered by operating cash flow (393.4%).
Interest Coverage: 002668's interest payments on its debt are well covered by EBIT (711.7x coverage).