Guangdong Guanghua Sci-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Guanghua Sci-Tech has a total shareholder equity of CN¥1.6B and total debt of CN¥933.4M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are CN¥3.4B and CN¥1.8B respectively.
Key information
59.7%
Debt to equity ratio
CN¥933.36m
Debt
Interest coverage ratio | n/a |
Cash | CN¥427.10m |
Equity | CN¥1.56b |
Total liabilities | CN¥1.85b |
Total assets | CN¥3.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002741's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002741's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥420.4M).
Debt to Equity History and Analysis
Debt Level: 002741's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: 002741's debt to equity ratio has increased from 45.9% to 59.7% over the past 5 years.
Debt Coverage: 002741's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: Insufficient data to determine if 002741's interest payments on its debt are well covered by EBIT.