Guangxi LiuYao Group Balance Sheet Health
Financial Health criteria checks 3/6
Guangxi LiuYao Group has a total shareholder equity of CN¥7.4B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are CN¥20.6B and CN¥13.3B respectively. Guangxi LiuYao Group's EBIT is CN¥1.4B making its interest coverage ratio 17032. It has cash and short-term investments of CN¥2.1B.
Key information
68.2%
Debt to equity ratio
CN¥5.03b
Debt
| Interest coverage ratio | 17032x |
| Cash | CN¥2.06b |
| Equity | CN¥7.38b |
| Total liabilities | CN¥13.27b |
| Total assets | CN¥20.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603368's short term assets (CN¥17.9B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 603368's short term assets (CN¥17.9B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 603368's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 603368's debt to equity ratio has increased from 46.5% to 68.2% over the past 5 years.
Debt Coverage: 603368's debt is not well covered by operating cash flow (12%).
Interest Coverage: 603368's interest payments on its debt are well covered by EBIT (17032x coverage).