Guangzhou Pearl River Development Group Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Pearl River Development Group has a total shareholder equity of CN¥473.6M and total debt of CN¥25.4M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥2.3B and CN¥1.8B respectively. Guangzhou Pearl River Development Group's EBIT is CN¥112.6M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥491.5M.
Key information
5.4%
Debt to equity ratio
CN¥25.36m
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥491.49m |
Equity | CN¥473.64m |
Total liabilities | CN¥1.81b |
Total assets | CN¥2.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600684's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 600684's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥80.4M).
Debt to Equity History and Analysis
Debt Level: 600684 has more cash than its total debt.
Reducing Debt: 600684's debt to equity ratio has reduced from 258.2% to 5.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600684 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600684 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 24.4% each year.