Guangdong New Grand Long Packing Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong New Grand Long Packing has a total shareholder equity of CN¥363.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥433.1M and CN¥69.4M respectively. Guangdong New Grand Long Packing's EBIT is CN¥8.6M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥180.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥180.41m |
| Equity | CN¥363.72m |
| Total liabilities | CN¥69.43m |
| Total assets | CN¥433.14m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002836's short term assets (CN¥271.0M) exceed its short term liabilities (CN¥67.7M).
Long Term Liabilities: 002836's short term assets (CN¥271.0M) exceed its long term liabilities (CN¥1.8M).
Debt to Equity History and Analysis
Debt Level: 002836 is debt free.
Reducing Debt: 002836 had no debt 5 years ago.
Debt Coverage: 002836 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002836 has no debt, therefore coverage of interest payments is not a concern.