Guanghui LogisticsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guanghui LogisticsLtd has a total shareholder equity of CN¥7.4B and total debt of CN¥7.7B, which brings its debt-to-equity ratio to 104.1%. Its total assets and total liabilities are CN¥24.1B and CN¥16.7B respectively. Guanghui LogisticsLtd's EBIT is CN¥1.5B making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥928.0M.
Key information
104.1%
Debt to equity ratio
CN¥7.69b
Debt
Interest coverage ratio | 6.9x |
Cash | CN¥928.05m |
Equity | CN¥7.39b |
Total liabilities | CN¥16.69b |
Total assets | CN¥24.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600603's short term assets (CN¥6.5B) do not cover its short term liabilities (CN¥8.9B).
Long Term Liabilities: 600603's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥7.8B).
Debt to Equity History and Analysis
Debt Level: 600603's net debt to equity ratio (91.6%) is considered high.
Reducing Debt: 600603's debt to equity ratio has increased from 34.6% to 104.1% over the past 5 years.
Debt Coverage: 600603's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 600603's interest payments on its debt are well covered by EBIT (6.9x coverage).