Guangdong Topstrong Living Innovation and Integration Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Topstrong Living Innovation and Integration has a total shareholder equity of CN¥722.4M and total debt of CN¥123.1M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥1.5B and CN¥795.2M respectively. Guangdong Topstrong Living Innovation and Integration's EBIT is CN¥15.7M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥287.8M.
Key information
17.0%
Debt to equity ratio
CN¥123.09m
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥287.83m |
| Equity | CN¥722.41m |
| Total liabilities | CN¥795.19m |
| Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300749's short term assets (CN¥723.9M) exceed its short term liabilities (CN¥640.6M).
Long Term Liabilities: 300749's short term assets (CN¥723.9M) exceed its long term liabilities (CN¥154.6M).
Debt to Equity History and Analysis
Debt Level: 300749 has more cash than its total debt.
Reducing Debt: 300749's debt to equity ratio has increased from 10.2% to 17% over the past 5 years.
Debt Coverage: 300749's debt is well covered by operating cash flow (77.8%).
Interest Coverage: 300749's interest payments on its debt are well covered by EBIT (6.3x coverage).