Shenzhen Guangju Energy Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Guangju Energy has a total shareholder equity of CN¥2.7B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.9B and CN¥209.2M respectively. Shenzhen Guangju Energy's EBIT is CN¥62.4M making its interest coverage ratio -1. It has cash and short-term investments of CN¥936.5M.
Key information
0.4%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥936.48m |
| Equity | CN¥2.72b |
| Total liabilities | CN¥209.19m |
| Total assets | CN¥2.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000096's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥134.3M).
Long Term Liabilities: 000096's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥74.9M).
Debt to Equity History and Analysis
Debt Level: 000096 has more cash than its total debt.
Reducing Debt: 000096's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 000096's debt is well covered by operating cash flow (645.7%).
Interest Coverage: 000096 earns more interest than it pays, so coverage of interest payments is not a concern.