Guangxi Rural Investment Sugar Industry Group Balance Sheet Health
Financial Health criteria checks 2/6
Guangxi Rural Investment Sugar Industry Group has a total shareholder equity of CN¥194.4M and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 2026.4%. Its total assets and total liabilities are CN¥4.8B and CN¥4.6B respectively. Guangxi Rural Investment Sugar Industry Group's EBIT is CN¥160.8M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥889.7M.
Key information
2,026.4%
Debt to equity ratio
CN¥3.94b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥889.73m |
| Equity | CN¥194.37m |
| Total liabilities | CN¥4.59b |
| Total assets | CN¥4.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000911's short term assets (CN¥2.9B) do not cover its short term liabilities (CN¥4.2B).
Long Term Liabilities: 000911's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥354.9M).
Debt to Equity History and Analysis
Debt Level: 000911's net debt to equity ratio (1568.7%) is considered high.
Reducing Debt: 000911 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 000911's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 000911's interest payments on its debt are not well covered by EBIT (1.1x coverage).