Guangdong Senssun Weighing Apparatus Group Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Senssun Weighing Apparatus Group has a total shareholder equity of CN¥2.7B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 109.7%. Its total assets and total liabilities are CN¥8.0B and CN¥5.3B respectively. Guangdong Senssun Weighing Apparatus Group's EBIT is CN¥509.3M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥976.0M.
Key information
109.7%
Debt to equity ratio
CN¥2.93b
Debt
| Interest coverage ratio | 4.5x |
| Cash | CN¥975.96m |
| Equity | CN¥2.67b |
| Total liabilities | CN¥5.29b |
| Total assets | CN¥7.96b |
Recent financial health updates
No updates
Recent updates
We Think Guangdong Senssun Weighing Apparatus Group's (SZSE:002870) Robust Earnings Are Conservative
Apr 03
If EPS Growth Is Important To You, Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Presents An Opportunity
Mar 28Market Might Still Lack Some Conviction On Guangdong Senssun Weighing Apparatus Group Ltd. (SZSE:002870) Even After 32% Share Price Boost
Mar 07Financial Position Analysis
Short Term Liabilities: 002870's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002870's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002870's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: 002870's debt to equity ratio has increased from 0% to 109.7% over the past 5 years.
Debt Coverage: 002870's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 002870's interest payments on its debt are well covered by EBIT (4.5x coverage).