Guangdong Haid Group Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Haid Group has a total shareholder equity of CN¥23.5B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥52.8B and CN¥29.4B respectively. Guangdong Haid Group's EBIT is CN¥5.1B making its interest coverage ratio 99.8. It has cash and short-term investments of CN¥10.6B.
Key information
21.2%
Debt to equity ratio
CN¥4.98b
Debt
| Interest coverage ratio | 99.8x |
| Cash | CN¥10.61b |
| Equity | CN¥23.45b |
| Total liabilities | CN¥29.37b |
| Total assets | CN¥52.82b |
Recent financial health updates
These 4 Measures Indicate That Guangdong Haid Group (SZSE:002311) Is Using Debt Reasonably Well
Jul 30
Here's Why Guangdong Haid Group (SZSE:002311) Can Manage Its Debt Responsibly
Mar 21Recent updates
Does Guangdong Haid Group (SZSE:002311) Deserve A Spot On Your Watchlist?
Nov 20Benign Growth For Guangdong Haid Group Co., Limited (SZSE:002311) Underpins Its Share Price
Nov 05Guangdong Haid Group Co., Limited Just Beat EPS By 27%: Here's What Analysts Think Will Happen Next
Oct 21Guangdong Haid Group (SZSE:002311) Has Some Way To Go To Become A Multi-Bagger
Aug 20Guangdong Haid Group Co., Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 02These 4 Measures Indicate That Guangdong Haid Group (SZSE:002311) Is Using Debt Reasonably Well
Jul 30Guangdong Haid Group Co., Limited (SZSE:002311) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 15Guangdong Haid Group's (SZSE:002311) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 28An Intrinsic Calculation For Guangdong Haid Group Co., Limited (SZSE:002311) Suggests It's 38% Undervalued
Jun 21Guangdong Haid Group's (SZSE:002311) Earnings Offer More Than Meets The Eye
Apr 29Earnings Update: Guangdong Haid Group Co., Limited (SZSE:002311) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Apr 25Here's Why Guangdong Haid Group (SZSE:002311) Can Manage Its Debt Responsibly
Mar 21Financial Position Analysis
Short Term Liabilities: 002311's short term assets (CN¥28.0B) exceed its short term liabilities (CN¥24.8B).
Long Term Liabilities: 002311's short term assets (CN¥28.0B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 002311 has more cash than its total debt.
Reducing Debt: 002311's debt to equity ratio has reduced from 42.8% to 21.2% over the past 5 years.
Debt Coverage: 002311's debt is well covered by operating cash flow (225.2%).
Interest Coverage: 002311's interest payments on its debt are well covered by EBIT (99.8x coverage).