Guanghui LogisticsLtd Balance Sheet Health
Financial Health criteria checks 0/6
Guanghui LogisticsLtd has a total shareholder equity of CN¥7.4B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are CN¥24.1B and CN¥16.7B respectively. Guanghui LogisticsLtd's EBIT is CN¥1.3B making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥928.0M.
Key information
75.4%
Debt to equity ratio
CN¥5.57b
Debt
Interest coverage ratio | 2.9x |
Cash | CN¥928.05m |
Equity | CN¥7.39b |
Total liabilities | CN¥16.69b |
Total assets | CN¥24.08b |
Recent financial health updates
Recent updates
Is Guanghui LogisticsLtd (SHSE:600603) Using Too Much Debt?
Aug 15Investors Give Guanghui Logistics Co.Ltd (SHSE:600603) Shares A 26% Hiding
Jun 06Weak Statutory Earnings May Not Tell The Whole Story For Guanghui LogisticsLtd (SHSE:600603)
May 08It's A Story Of Risk Vs Reward With Guanghui Logistics Co.Ltd (SHSE:600603)
Feb 28Financial 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 (62.9%) is considered high.
Reducing Debt: 600603's debt to equity ratio has increased from 34.6% to 75.4% over the past 5 years.
Debt Coverage: 600603's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 600603's interest payments on its debt are not well covered by EBIT (2.9x coverage).