Guangdong Sanhe Pile Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Sanhe Pile has a total shareholder equity of CN¥2.8B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are CN¥6.6B and CN¥3.8B respectively. Guangdong Sanhe Pile's EBIT is CN¥86.3M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥1.3B.
Key information
72.7%
Debt to equity ratio
CN¥2.00b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥1.34b |
| Equity | CN¥2.75b |
| Total liabilities | CN¥3.80b |
| Total assets | CN¥6.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003037's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 003037's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥815.7M).
Debt to Equity History and Analysis
Debt Level: 003037's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 003037's debt to equity ratio has increased from 41.3% to 72.7% over the past 5 years.
Debt Coverage: 003037's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 003037's interest payments on its debt are not well covered by EBIT (1.8x coverage).