GRG Banking Equipment Balance Sheet Health
Financial Health criteria checks 5/6
GRG Banking Equipment has a total shareholder equity of CN¥14.8B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥25.1B and CN¥10.3B respectively. GRG Banking Equipment's EBIT is CN¥1.0B making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥10.7B.
Key information
8.1%
Debt to equity ratio
CN¥1.20b
Debt
Interest coverage ratio | -3.1x |
Cash | CN¥10.72b |
Equity | CN¥14.82b |
Total liabilities | CN¥10.26b |
Total assets | CN¥25.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002152's short term assets (CN¥17.5B) exceed its short term liabilities (CN¥9.7B).
Long Term Liabilities: 002152's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥529.2M).
Debt to Equity History and Analysis
Debt Level: 002152 has more cash than its total debt.
Reducing Debt: 002152's debt to equity ratio has increased from 0.5% to 8.1% over the past 5 years.
Debt Coverage: 002152's debt is well covered by operating cash flow (123.1%).
Interest Coverage: 002152 earns more interest than it pays, so coverage of interest payments is not a concern.