Guangdong Shenglu Telecommunication Tech Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Shenglu Telecommunication Tech has a total shareholder equity of CN¥3.2B and total debt of CN¥356.5M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥4.3B and CN¥1.0B respectively. Guangdong Shenglu Telecommunication Tech's EBIT is CN¥133.5M making its interest coverage ratio -84.5. It has cash and short-term investments of CN¥869.2M.
Key information
11.0%
Debt to equity ratio
CN¥356.47m
Debt
| Interest coverage ratio | -84.5x |
| Cash | CN¥869.19m |
| Equity | CN¥3.24b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥4.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002446's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥812.7M).
Long Term Liabilities: 002446's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥226.2M).
Debt to Equity History and Analysis
Debt Level: 002446 has more cash than its total debt.
Reducing Debt: 002446's debt to equity ratio has reduced from 14.8% to 11% over the past 5 years.
Debt Coverage: 002446's debt is well covered by operating cash flow (49.7%).
Interest Coverage: 002446 earns more interest than it pays, so coverage of interest payments is not a concern.