Guangdong Advertising GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Advertising GroupLtd has a total shareholder equity of CN¥5.0B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are CN¥9.2B and CN¥4.2B respectively. Guangdong Advertising GroupLtd's EBIT is CN¥167.7M making its interest coverage ratio -44.6. It has cash and short-term investments of CN¥414.7M.
Key information
28.1%
Debt to equity ratio
CN¥1.40b
Debt
| Interest coverage ratio | -44.6x |
| Cash | CN¥414.67m |
| Equity | CN¥5.00b |
| Total liabilities | CN¥4.16b |
| Total assets | CN¥9.16b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Guangdong Advertising Group Co.,Ltd (SZSE:002400) After Shares Rise 27%
Nov 06
Guangdong Advertising GroupLtd's (SZSE:002400) Anemic Earnings Might Be Worse Than You Think
Sep 03Getting In Cheap On Guangdong Advertising Group Co.,Ltd (SZSE:002400) Is Unlikely
Jul 15Guangdong Advertising GroupLtd's (SZSE:002400) Dividend Is Being Reduced To CN¥0.027
Jun 07Guangdong Advertising GroupLtd's (SZSE:002400) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 28Guangdong Advertising Group Co.,Ltd's (SZSE:002400) Shares Climb 26% But Its Business Is Yet to Catch Up
Feb 29There's Been No Shortage Of Growth Recently For Guangdong Advertising GroupLtd's (SZSE:002400) Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 002400's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002400's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥244.6M).
Debt to Equity History and Analysis
Debt Level: 002400's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 002400's debt to equity ratio has increased from 8.5% to 28.1% over the past 5 years.
Debt Coverage: 002400's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002400 earns more interest than it pays, so coverage of interest payments is not a concern.