Greattown Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Greattown Holdings has a total shareholder equity of CN¥12.9B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are CN¥24.7B and CN¥11.8B respectively. Greattown Holdings's EBIT is CN¥779.7M making its interest coverage ratio 9.5. It has cash and short-term investments of CN¥1.6B.
Key information
22.3%
Debt to equity ratio
CN¥2.88b
Debt
Interest coverage ratio | 9.5x |
Cash | CN¥1.61b |
Equity | CN¥12.89b |
Total liabilities | CN¥11.80b |
Total assets | CN¥24.69b |
Recent financial health updates
No updates
Recent updates
Why Greattown Holdings' (SHSE:600094) Earnings Are Better Than They Seem
Apr 22Earnings Not Telling The Story For Greattown Holdings Ltd. (SHSE:600094) After Shares Rise 31%
Apr 21A Look At The Intrinsic Value Of Greattown Holdings Ltd. (SHSE:600094)
Mar 29Benign Growth For Greattown Holdings Ltd. (SHSE:600094) Underpins Its Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 600094's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥10.4B).
Long Term Liabilities: 600094's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600094's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 600094's debt to equity ratio has reduced from 122.1% to 22.3% over the past 5 years.
Debt Coverage: 600094's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 600094's interest payments on its debt are well covered by EBIT (9.5x coverage).