Gansu Guofang Industry & Trade (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Gansu Guofang Industry & Trade (Group) has a total shareholder equity of CN¥1.6B and total debt of CN¥33.9M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively. Gansu Guofang Industry & Trade (Group)'s EBIT is CN¥133.6M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥974.2M.
Key information
2.1%
Debt to equity ratio
CN¥33.88m
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥974.20m |
| Equity | CN¥1.64b |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥2.76b |
Recent financial health updates
No updates
Recent updates
We Like The Quality Of Gansu Guofang Industry & Trade (Group)'s (SHSE:601086) Earnings
Apr 21
Gansu Guofang Industry & Trade (Group) Co., Ltd. (SHSE:601086) Stock Rockets 36% But Many Are Still Ignoring The Company
Mar 15The Market Lifts Gansu Guofang Industry & Trade (Group) Co., Ltd. (SHSE:601086) Shares 36% But It Can Do More
Mar 15Financial Position Analysis
Short Term Liabilities: 601086's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥758.9M).
Long Term Liabilities: 601086's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥356.4M).
Debt to Equity History and Analysis
Debt Level: 601086 has more cash than its total debt.
Reducing Debt: 601086's debt to equity ratio has reduced from 5.3% to 2.1% over the past 5 years.
Debt Coverage: 601086's debt is well covered by operating cash flow (840.7%).
Interest Coverage: 601086 earns more interest than it pays, so coverage of interest payments is not a concern.