Greattown Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Greattown Holdings has a total shareholder equity of CN¥12.9B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are CN¥25.3B and CN¥12.4B respectively. Greattown Holdings's EBIT is CN¥953.0M making its interest coverage ratio 11.6. It has cash and short-term investments of CN¥2.3B.
Key information
32.7%
Debt to equity ratio
CN¥4.23b
Debt
Interest coverage ratio | 11.6x |
Cash | CN¥2.31b |
Equity | CN¥12.93b |
Total liabilities | CN¥12.39b |
Total assets | CN¥25.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900940's short term assets (CN¥18.4B) exceed its short term liabilities (CN¥10.4B).
Long Term Liabilities: 900940's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 900940's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: 900940's debt to equity ratio has reduced from 140.4% to 32.7% over the past 5 years.
Debt Coverage: 900940's debt is well covered by operating cash flow (39%).
Interest Coverage: 900940's interest payments on its debt are well covered by EBIT (11.6x coverage).