Guangdong Guanghua Sci-Tech Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Guanghua Sci-Tech has a total shareholder equity of CN¥1.4B and total debt of CN¥881.1M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are CN¥3.1B and CN¥1.7B respectively.
Key information
64.8%
Debt to equity ratio
CN¥881.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥237.84m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥1.71b |
| Total assets | CN¥3.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002741's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002741's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥238.0M).
Debt to Equity History and Analysis
Debt Level: 002741's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: 002741's debt to equity ratio has increased from 63.1% to 64.8% over the past 5 years.
Debt Coverage: 002741's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002741's interest payments on its debt are well covered by EBIT.