Guangdong Tapai Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Tapai Group has a total shareholder equity of CN¥12.2B and total debt of CN¥847.5K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥13.5B and CN¥1.3B respectively. Guangdong Tapai Group's EBIT is CN¥762.5M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥5.0B.
Key information
0.007%
Debt to equity ratio
CN¥847.55k
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥5.03b |
| Equity | CN¥12.18b |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥13.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002233's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥968.1M).
Long Term Liabilities: 002233's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥300.2M).
Debt to Equity History and Analysis
Debt Level: 002233 has more cash than its total debt.
Reducing Debt: 002233's debt to equity ratio has increased from 0% to 0.01% over the past 5 years.
Debt Coverage: 002233's debt is well covered by operating cash flow (111625.3%).
Interest Coverage: 002233 earns more interest than it pays, so coverage of interest payments is not a concern.