Hangzhou Greatstar Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Greatstar Industrial has a total shareholder equity of CN¥16.7B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥23.0B and CN¥6.3B respectively. Hangzhou Greatstar Industrial's EBIT is CN¥2.1B making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥6.3B.
Key information
20.2%
Debt to equity ratio
CN¥3.38b
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥6.26b |
| Equity | CN¥16.74b |
| Total liabilities | CN¥6.30b |
| Total assets | CN¥23.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002444's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 002444's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥455.6M).
Debt to Equity History and Analysis
Debt Level: 002444 has more cash than its total debt.
Reducing Debt: 002444's debt to equity ratio has increased from 19.4% to 20.2% over the past 5 years.
Debt Coverage: 002444's debt is well covered by operating cash flow (46.7%).
Interest Coverage: 002444 earns more interest than it pays, so coverage of interest payments is not a concern.