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¥4.3B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥24.7B and CN¥11.8B respectively. Greattown Holdings's EBIT is CN¥773.8M making its interest coverage ratio 9.9. It has cash and short-term investments of CN¥1.6B.
Key information
33.7%
Debt to equity ratio
CN¥4.34b
Debt
Interest coverage ratio | 9.9x |
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
Financial 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 (21.2%) is considered satisfactory.
Reducing Debt: 600094's debt to equity ratio has reduced from 122.1% to 33.7% over the past 5 years.
Debt Coverage: 600094's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 600094's interest payments on its debt are well covered by EBIT (9.9x coverage).