Guilin Tourism Balance Sheet Health
Financial Health criteria checks 2/6
Guilin Tourism has a total shareholder equity of CN¥1.3B and total debt of CN¥871.1M, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are CN¥2.3B and CN¥1.1B respectively. Guilin Tourism's EBIT is CN¥3.5M making its interest coverage ratio -2. It has cash and short-term investments of CN¥49.8M.
Key information
68.8%
Debt to equity ratio
CN¥871.14m
Debt
Interest coverage ratio | -2x |
Cash | CN¥49.81m |
Equity | CN¥1.27b |
Total liabilities | CN¥1.07b |
Total assets | CN¥2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000978's short term assets (CN¥204.2M) do not cover its short term liabilities (CN¥312.6M).
Long Term Liabilities: 000978's short term assets (CN¥204.2M) do not cover its long term liabilities (CN¥752.6M).
Debt to Equity History and Analysis
Debt Level: 000978's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: 000978's debt to equity ratio has reduced from 72.6% to 68.8% over the past 5 years.
Debt Coverage: 000978's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 000978 earns more interest than it pays, so coverage of interest payments is not a concern.