Guangdong Piano Customized Furniture Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Piano Customized Furniture has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥712.2M respectively. Guangdong Piano Customized Furniture's EBIT is CN¥28.6M making its interest coverage ratio -9.9. It has cash and short-term investments of CN¥447.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.9x |
| Cash | CN¥447.06m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥712.20m |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Recent updates
Guangdong Piano Customized Furniture Co., Ltd.'s (SZSE:002853) Share Price Is Matching Sentiment Around Its Earnings
Sep 30
Guangdong Piano Customized Furniture (SZSE:002853) Could Be Struggling To Allocate Capital
Apr 17Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) Held Back By Insufficient Growth Even After Shares Climb 30%
Mar 08Financial Position Analysis
Short Term Liabilities: 002853's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥655.3M).
Long Term Liabilities: 002853's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥56.9M).
Debt to Equity History and Analysis
Debt Level: 002853 is debt free.
Reducing Debt: 002853 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: 002853 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002853 has no debt, therefore coverage of interest payments is not a concern.