Guangdong High Dream Intellectualized Machinery Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong High Dream Intellectualized Machinery has a total shareholder equity of CN¥598.1M and total debt of CN¥2.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥653.1M and CN¥55.0M respectively. Guangdong High Dream Intellectualized Machinery's EBIT is CN¥41.0M making its interest coverage ratio -25.6. It has cash and short-term investments of CN¥256.6M.
Key information
0.4%
Debt to equity ratio
CN¥2.15m
Debt
Interest coverage ratio | -25.6x |
Cash | CN¥256.57m |
Equity | CN¥598.11m |
Total liabilities | CN¥54.96m |
Total assets | CN¥653.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300720's short term assets (CN¥516.8M) exceed its short term liabilities (CN¥48.6M).
Long Term Liabilities: 300720's short term assets (CN¥516.8M) exceed its long term liabilities (CN¥6.3M).
Debt to Equity History and Analysis
Debt Level: 300720 has more cash than its total debt.
Reducing Debt: 300720's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 300720's debt is well covered by operating cash flow (1282.2%).
Interest Coverage: 300720 earns more interest than it pays, so coverage of interest payments is not a concern.