Guangdong Golden Dragon Development Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Golden Dragon Development has a total shareholder equity of CN¥4.5B and total debt of CN¥9.2B, which brings its debt-to-equity ratio to 202.4%. Its total assets and total liabilities are CN¥19.9B and CN¥15.4B respectively.
Key information
202.4%
Debt to equity ratio
CN¥9.19b
Debt
Interest coverage ratio | n/a |
Cash | CN¥8.31b |
Equity | CN¥4.54b |
Total liabilities | CN¥15.35b |
Total assets | CN¥19.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000712's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥10.0B).
Long Term Liabilities: 000712's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥5.4B).
Debt to Equity History and Analysis
Debt Level: 000712's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 000712's debt to equity ratio has reduced from 254.6% to 202.4% over the past 5 years.
Debt Coverage: 000712's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000712's interest payments on its debt are well covered by EBIT.