Guangzhou Zhujiang Brewery Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Zhujiang Brewery has a total shareholder equity of CN¥10.2B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥14.1B and CN¥3.9B respectively. Guangzhou Zhujiang Brewery's EBIT is CN¥473.8M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥6.7B.
Key information
10.6%
Debt to equity ratio
CN¥1.08b
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥6.74b |
Equity | CN¥10.17b |
Total liabilities | CN¥3.90b |
Total assets | CN¥14.06b |
Recent financial health updates
Recent updates
Unpleasant Surprises Could Be In Store For Guangzhou Zhujiang Brewery Co., Ltd's (SZSE:002461) Shares
Jul 12Guangzhou Zhujiang Brewery (SZSE:002461) Might Have The Makings Of A Multi-Bagger
May 25Guangzhou Zhujiang Brewery (SZSE:002461) Could Easily Take On More Debt
Apr 22Guangzhou Zhujiang Brewery (SZSE:002461) Strong Profits May Be Masking Some Underlying Issues
Apr 04Financial Position Analysis
Short Term Liabilities: 002461's short term assets (CN¥8.7B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002461's short term assets (CN¥8.7B) exceed its long term liabilities (CN¥920.7M).
Debt to Equity History and Analysis
Debt Level: 002461 has more cash than its total debt.
Reducing Debt: 002461's debt to equity ratio has increased from 9.3% to 10.6% over the past 5 years.
Debt Coverage: 002461's debt is well covered by operating cash flow (75.4%).
Interest Coverage: 002461 earns more interest than it pays, so coverage of interest payments is not a concern.