Guangzhou Holike Creative HomeLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Holike Creative HomeLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥630.7M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are CN¥4.4B and CN¥1.3B respectively. Guangzhou Holike Creative HomeLtd's EBIT is CN¥194.2M making its interest coverage ratio 21.9. It has cash and short-term investments of CN¥1.6B.
Key information
20.4%
Debt to equity ratio
CN¥630.67m
Debt
| Interest coverage ratio | 21.9x |
| Cash | CN¥1.58b |
| Equity | CN¥3.09b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥4.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603898's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥499.9M).
Long Term Liabilities: 603898's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥816.7M).
Debt to Equity History and Analysis
Debt Level: 603898 has more cash than its total debt.
Reducing Debt: 603898's debt to equity ratio has increased from 0% to 20.4% over the past 5 years.
Debt Coverage: 603898's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 603898's interest payments on its debt are well covered by EBIT (21.9x coverage).