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¥183.5M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥4.0B and CN¥838.7M respectively.
Key information
5.9%
Debt to equity ratio
CN¥183.47m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.73b |
Equity | CN¥3.13b |
Total liabilities | CN¥838.68m |
Total assets | CN¥3.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688549's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥659.3M).
Long Term Liabilities: 688549's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥179.4M).
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 5.9% over the past 5 years.
Debt Coverage: 688549's debt is well covered by operating cash flow (38.8%).
Interest Coverage: Insufficient data to determine if 688549's interest payments on its debt are well covered by EBIT.