Guangzhou Guanggang Gases & EnergyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Guanggang Gases & EnergyLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥8.0B and CN¥2.1B respectively. Guangzhou Guanggang Gases & EnergyLtd's EBIT is CN¥248.1M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥1.8B.
Key information
19.5%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥1.82b |
| Equity | CN¥5.85b |
| Total liabilities | CN¥2.11b |
| Total assets | CN¥7.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688548's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 688548's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥796.9M).
Debt to Equity History and Analysis
Debt Level: 688548 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688548's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688548's debt is well covered by operating cash flow (49.3%).
Interest Coverage: 688548 earns more interest than it pays, so coverage of interest payments is not a concern.