Guangdong Enpack Packaging Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Enpack Packaging has a total shareholder equity of CN¥810.1M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 152.2%. Its total assets and total liabilities are CN¥2.8B and CN¥2.0B respectively.
Key information
152.2%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥117.28m |
| Equity | CN¥810.08m |
| Total liabilities | CN¥1.97b |
| Total assets | CN¥2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002846's short term assets (CN¥982.1M) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002846's short term assets (CN¥982.1M) exceed its long term liabilities (CN¥534.9M).
Debt to Equity History and Analysis
Debt Level: 002846's net debt to equity ratio (137.7%) is considered high.
Reducing Debt: 002846's debt to equity ratio has increased from 12.6% to 152.2% over the past 5 years.
Debt Coverage: 002846's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: Insufficient data to determine if 002846's interest payments on its debt are well covered by EBIT.