Guangdong Xinbao Electrical Appliances Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Xinbao Electrical Appliances Holdings has a total shareholder equity of CN¥8.1B and total debt of CN¥854.5M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥15.4B and CN¥7.2B respectively. Guangdong Xinbao Electrical Appliances Holdings's EBIT is CN¥1.3B making its interest coverage ratio 46.8. It has cash and short-term investments of CN¥3.2B.
Key information
10.5%
Debt to equity ratio
CN¥854.51m
Debt
| Interest coverage ratio | 46.8x |
| Cash | CN¥3.22b |
| Equity | CN¥8.12b |
| Total liabilities | CN¥7.24b |
| Total assets | CN¥15.35b |
Recent financial health updates
Is Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Using Too Much Debt?
Oct 28
Does Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Have A Healthy Balance Sheet?
Jul 25Recent updates
Is Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Using Too Much Debt?
Oct 28Little Excitement Around Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Earnings
Oct 09Is Now An Opportune Moment To Examine Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SZSE:002705)?
Sep 22Guangdong Xinbao Electrical Appliances Holdings' (SZSE:002705) Solid Earnings May Rest On Weak Foundations
Sep 03Does Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Have A Healthy Balance Sheet?
Jul 25There Is A Reason Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Price Is Undemanding
Jun 25Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Is Due To Pay A Dividend Of CN¥0.40
Jun 09Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Has Some Way To Go To Become A Multi-Bagger
Jun 06Is There An Opportunity With Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) 43% Undervaluation?
May 21Earnings Update: Here's Why Analysts Just Lifted Their Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SZSE:002705) Price Target To CN¥21.19
Apr 30What Does Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Share Price Indicate?
Feb 28Financial Position Analysis
Short Term Liabilities: 002705's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 002705's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥357.1M).
Debt to Equity History and Analysis
Debt Level: 002705 has more cash than its total debt.
Reducing Debt: 002705's debt to equity ratio has reduced from 11.6% to 10.5% over the past 5 years.
Debt Coverage: 002705's debt is well covered by operating cash flow (177.7%).
Interest Coverage: 002705's interest payments on its debt are well covered by EBIT (46.8x coverage).