Guangzhou Restaurant Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Restaurant Group has a total shareholder equity of CN¥4.0B and total debt of CN¥685.2M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥6.4B and CN¥2.4B respectively. Guangzhou Restaurant Group's EBIT is CN¥645.4M making its interest coverage ratio -21.2. It has cash and short-term investments of CN¥982.8M.
Key information
17.3%
Debt to equity ratio
CN¥685.23m
Debt
Interest coverage ratio | -21.2x |
Cash | CN¥982.75m |
Equity | CN¥3.97b |
Total liabilities | CN¥2.40b |
Total assets | CN¥6.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603043's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603043's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥828.3M).
Debt to Equity History and Analysis
Debt Level: 603043 has more cash than its total debt.
Reducing Debt: 603043's debt to equity ratio has increased from 0% to 17.3% over the past 5 years.
Debt Coverage: 603043's debt is well covered by operating cash flow (147.3%).
Interest Coverage: 603043 earns more interest than it pays, so coverage of interest payments is not a concern.