Guangdong Delian Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Delian Group has a total shareholder equity of CN¥3.5B and total debt of CN¥898.1M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are CN¥5.1B and CN¥1.5B respectively. Guangdong Delian Group's EBIT is CN¥150.6M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥729.3M.
Key information
25.4%
Debt to equity ratio
CN¥898.12m
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥729.34m |
| Equity | CN¥3.53b |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥5.05b |
Recent financial health updates
No updates
Recent updates
Guangdong Delian Group's (SZSE:002666) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 07
We Think That There Are Some Issues For Guangdong Delian Group (SZSE:002666) Beyond Its Promising Earnings
Apr 25Guangdong Delian Group Co., Ltd.'s (SZSE:002666) Shares Lagging The Industry But So Is The Business
Apr 17Financial Position Analysis
Short Term Liabilities: 002666's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002666's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥186.9M).
Debt to Equity History and Analysis
Debt Level: 002666's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 002666's debt to equity ratio has increased from 16.2% to 25.4% over the past 5 years.
Debt Coverage: 002666's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 002666's interest payments on its debt are well covered by EBIT (3.4x coverage).