Guangdong Guanhao High-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Guanhao High-Tech has a total shareholder equity of CN¥6.2B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are CN¥10.7B and CN¥4.5B respectively.
Key information
42.3%
Debt to equity ratio
CN¥2.63b
Debt
Interest coverage ratio | n/a |
Cash | CN¥856.32m |
Equity | CN¥6.21b |
Total liabilities | CN¥4.52b |
Total assets | CN¥10.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600433's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 600433's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 600433's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: 600433's debt to equity ratio has increased from 35.9% to 42.3% over the past 5 years.
Debt Coverage: 600433's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600433's interest payments on its debt are well covered by EBIT.