GrandiT Balance Sheet Health
Financial Health criteria checks 4/6
GrandiT has a total shareholder equity of CN¥3.1B and total debt of CN¥171.4M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥4.0B and CN¥846.9M respectively.
Key information
5.5%
Debt to equity ratio
CN¥171.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.57b |
| Equity | CN¥3.13b |
| Total liabilities | CN¥846.94m |
| Total assets | CN¥3.98b |
Recent financial health updates
Is GrandiT (SHSE:688549) Using Debt Sensibly?
Oct 14
Does GrandiT (SHSE:688549) Have A Healthy Balance Sheet?
Jun 26Recent updates
Revenues Not Telling The Story For GrandiT Co., Ltd. (SHSE:688549) After Shares Rise 45%
Nov 09GrandiT's (SHSE:688549) Earnings Are Weaker Than They Seem
Oct 31Is GrandiT (SHSE:688549) Using Debt Sensibly?
Oct 14Does GrandiT (SHSE:688549) Have A Healthy Balance Sheet?
Jun 26Shareholders In GrandiT (SHSE:688549) Should Look Beyond Earnings For The Full Story
Apr 03Financial Position Analysis
Short Term Liabilities: 688549's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥687.7M).
Long Term Liabilities: 688549's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥159.3M).
Debt to Equity History and Analysis
Debt Level: 688549 has more cash than its total debt.
Reducing Debt: 688549's debt to equity ratio has increased from 0% to 5.5% over the past 5 years.
Debt Coverage: 688549's debt is well covered by operating cash flow (26%).
Interest Coverage: Insufficient data to determine if 688549's interest payments on its debt are well covered by EBIT.