Guangzhou Grandbuy Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Grandbuy has a total shareholder equity of CN¥4.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are CN¥9.5B and CN¥5.4B respectively. Guangzhou Grandbuy's EBIT is CN¥49.1M making its interest coverage ratio 10.1. It has cash and short-term investments of CN¥3.0B.
Key information
42.3%
Debt to equity ratio
CN¥1.72b
Debt
| Interest coverage ratio | 10.1x |
| Cash | CN¥2.98b |
| Equity | CN¥4.07b |
| Total liabilities | CN¥5.39b |
| Total assets | CN¥9.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002187's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 002187's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 002187 has more cash than its total debt.
Reducing Debt: 002187's debt to equity ratio has increased from 0% to 42.3% over the past 5 years.
Debt Coverage: 002187's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 002187's interest payments on its debt are well covered by EBIT (10.1x coverage).