GRG Banking Equipment Balance Sheet Health
Financial Health criteria checks 5/6
GRG Banking Equipment has a total shareholder equity of CN¥14.9B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥27.5B and CN¥12.6B respectively. GRG Banking Equipment's EBIT is CN¥882.2M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥11.1B.
Key information
21.6%
Debt to equity ratio
CN¥3.22b
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥11.13b |
| Equity | CN¥14.92b |
| Total liabilities | CN¥12.61b |
| Total assets | CN¥27.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002152's short term assets (CN¥19.9B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 002152's short term assets (CN¥19.9B) exceed its long term liabilities (CN¥1.3B).
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 0.7% to 21.6% over the past 5 years.
Debt Coverage: 002152's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 002152 earns more interest than it pays, so coverage of interest payments is not a concern.