Guangdong Guanhao High-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Guanhao High-Tech has a total shareholder equity of CN¥6.1B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are CN¥11.2B and CN¥5.0B respectively. Guangdong Guanhao High-Tech's EBIT is CN¥23.3M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥720.9M.
Key information
44.2%
Debt to equity ratio
CN¥2.71b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥720.93m |
| Equity | CN¥6.12b |
| Total liabilities | CN¥5.04b |
| Total assets | CN¥11.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600433's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 600433's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 600433's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: 600433's debt to equity ratio has increased from 35.4% to 44.2% over the past 5 years.
Debt Coverage: 600433's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600433's interest payments on its debt are not well covered by EBIT (1.1x coverage).