Guangzhou Haige Communications Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Haige Communications Group has a total shareholder equity of CN¥13.3B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are CN¥20.9B and CN¥7.6B respectively. Guangzhou Haige Communications Group's EBIT is CN¥327.8M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥5.2B.
Key information
23.8%
Debt to equity ratio
CN¥3.17b
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥5.18b |
| Equity | CN¥13.34b |
| Total liabilities | CN¥7.60b |
| Total assets | CN¥20.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002465's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 002465's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002465 has more cash than its total debt.
Reducing Debt: 002465's debt to equity ratio has increased from 8.8% to 23.8% over the past 5 years.
Debt Coverage: 002465's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002465 earns more interest than it pays, so coverage of interest payments is not a concern.