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¥1.9B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CN¥9.4B and CN¥5.3B respectively. Guangzhou Grandbuy's EBIT is CN¥69.4M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥3.0B.
Key information
46.2%
Debt to equity ratio
CN¥1.89b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥3.04b |
| Equity | CN¥4.08b |
| Total liabilities | CN¥5.29b |
| Total assets | CN¥9.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002187's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002187's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥2.3B).
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 46.2% over the past 5 years.
Debt Coverage: 002187's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 002187's interest payments on its debt are well covered by EBIT (3.7x coverage).