Guobo Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Guobo Electronics has a total shareholder equity of CN¥6.1B and total debt of CN¥35.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥8.2B and CN¥2.1B respectively. Guobo Electronics's EBIT is CN¥699.9M making its interest coverage ratio -106.9. It has cash and short-term investments of CN¥2.4B.
Key information
0.6%
Debt to equity ratio
CN¥35.42m
Debt
Interest coverage ratio | -106.9x |
Cash | CN¥2.36b |
Equity | CN¥6.12b |
Total liabilities | CN¥2.07b |
Total assets | CN¥8.19b |
Recent financial health updates
Recent updates
These Analysts Just Made A Substantial Downgrade To Their Guobo Electronics Co., Ltd. (SHSE:688375) EPS Forecasts
May 08Guobo Electronics' (SHSE:688375) Earnings Offer More Than Meets The Eye
May 06We Think Guobo Electronics (SHSE:688375) Can Stay On Top Of Its Debt
May 01Guobo Electronics Co., Ltd.'s (SHSE:688375) Intrinsic Value Is Potentially 53% Above Its Share Price
Apr 02Here's What's Concerning About Guobo Electronics' (SHSE:688375) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 688375's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 688375's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥128.9M).
Debt to Equity History and Analysis
Debt Level: 688375 has more cash than its total debt.
Reducing Debt: 688375's debt to equity ratio has reduced from 4.6% to 0.6% over the past 5 years.
Debt Coverage: 688375's debt is well covered by operating cash flow (2419.9%).
Interest Coverage: 688375 earns more interest than it pays, so coverage of interest payments is not a concern.