Guangzhou Pearl River Development Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Pearl River Development Group has a total shareholder equity of CN¥473.7M and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥2.3B and CN¥1.9B respectively. Guangzhou Pearl River Development Group's EBIT is CN¥118.9M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥481.8M.
Key information
21.1%
Debt to equity ratio
CN¥100.04m
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥481.78m |
| Equity | CN¥473.75m |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600684's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600684's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥96.0M).
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 232.8% to 21.1% over the past 5 years.
Debt Coverage: 600684's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600684's interest payments on its debt are not well covered by EBIT (2.2x coverage).