CICC GLP Warehouse Logistics Balance Sheet Health
Financial Health criteria checks 5/6
CICC GLP Warehouse Logistics has a total shareholder equity of CN¥7.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥8.2B and CN¥1.1B respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥544.47m |
| Equity | CN¥7.09b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥8.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508056's short term assets (CN¥579.5M) exceed its short term liabilities (CN¥55.4M).
Long Term Liabilities: 508056's short term assets (CN¥579.5M) do not cover its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 508056 is debt free.
Reducing Debt: 508056 has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.
Debt Coverage: 508056 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 508056 has no debt, therefore coverage of interest payments is not a concern.