Guangxi Yuegui Guangye Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Guangxi Yuegui Guangye Holdings has a total shareholder equity of CN¥3.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are CN¥5.7B and CN¥2.1B respectively. Guangxi Yuegui Guangye Holdings's EBIT is CN¥261.6M making its interest coverage ratio 8.5. It has cash and short-term investments of CN¥1.5B.
Key information
39.3%
Debt to equity ratio
CN¥1.39b
Debt
| Interest coverage ratio | 8.5x |
| Cash | CN¥1.51b |
| Equity | CN¥3.53b |
| Total liabilities | CN¥2.13b |
| Total assets | CN¥5.65b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000833's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 000833's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥407.7M).
Debt to Equity History and Analysis
Debt Level: 000833 has more cash than its total debt.
Reducing Debt: 000833's debt to equity ratio has increased from 20.8% to 39.3% over the past 5 years.
Debt Coverage: 000833's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: 000833's interest payments on its debt are well covered by EBIT (8.5x coverage).