Guangdong Ganhua Science & IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Ganhua Science & IndustryLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.9B and CN¥223.3M respectively.
Key information
0.6%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥354.44m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥223.25m |
| Total assets | CN¥1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000576's short term assets (CN¥891.3M) exceed its short term liabilities (CN¥137.5M).
Long Term Liabilities: 000576's short term assets (CN¥891.3M) exceed its long term liabilities (CN¥85.8M).
Debt to Equity History and Analysis
Debt Level: 000576 has more cash than its total debt.
Reducing Debt: 000576's debt to equity ratio has reduced from 12.5% to 0.6% over the past 5 years.
Debt Coverage: 000576's debt is well covered by operating cash flow (315.5%).
Interest Coverage: Insufficient data to determine if 000576's interest payments on its debt are well covered by EBIT.