Guoanda Balance Sheet Health
Financial Health criteria checks 6/6
Guoanda has a total shareholder equity of CN¥922.3M and total debt of CN¥6.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.0B and CN¥88.9M respectively. Guoanda's EBIT is CN¥52.7M making its interest coverage ratio -36.6. It has cash and short-term investments of CN¥351.0M.
Key information
0.7%
Debt to equity ratio
CN¥6.34m
Debt
Interest coverage ratio | -36.6x |
Cash | CN¥351.03m |
Equity | CN¥922.27m |
Total liabilities | CN¥88.85m |
Total assets | CN¥1.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300902's short term assets (CN¥662.8M) exceed its short term liabilities (CN¥83.4M).
Long Term Liabilities: 300902's short term assets (CN¥662.8M) exceed its long term liabilities (CN¥5.5M).
Debt to Equity History and Analysis
Debt Level: 300902 has more cash than its total debt.
Reducing Debt: 300902's debt to equity ratio has reduced from 2.1% to 0.7% over the past 5 years.
Debt Coverage: 300902's debt is well covered by operating cash flow (1510.3%).
Interest Coverage: 300902 earns more interest than it pays, so coverage of interest payments is not a concern.