Jiangxi Guoguang Commercial Chains Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Guoguang Commercial Chains has a total shareholder equity of CN¥1.1B and total debt of CN¥68.8M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥2.7B and CN¥1.6B respectively. Jiangxi Guoguang Commercial Chains's EBIT is CN¥27.3M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥783.9M.
Key information
6.0%
Debt to equity ratio
CN¥68.83m
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥783.95m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥2.74b |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Jiangxi Guoguang Commercial Chains Co., Ltd.'s (SHSE:605188) P/S Ratio
Jun 07
There May Be Reason For Hope In Jiangxi Guoguang Commercial Chains' (SHSE:605188) Disappointing Earnings
May 02Jiangxi Guoguang Commercial Chains Co., Ltd. (SHSE:605188) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Mar 08Investors Could Be Concerned With Jiangxi Guoguang Commercial Chains' (SHSE:605188) Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 605188's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥987.4M).
Long Term Liabilities: 605188's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥608.9M).
Debt to Equity History and Analysis
Debt Level: 605188 has more cash than its total debt.
Reducing Debt: 605188's debt to equity ratio has reduced from 8.5% to 6% over the past 5 years.
Debt Coverage: 605188's debt is well covered by operating cash flow (328.3%).
Interest Coverage: 605188's interest payments on its debt are not well covered by EBIT (1.8x coverage).