Shanghai Guao Electronic Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Guao Electronic Technology has a total shareholder equity of CN¥956.6M and total debt of CN¥15.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥1.4B and CN¥458.1M respectively.
Key information
1.6%
Debt to equity ratio
CN¥15.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥357.18m |
Equity | CN¥956.59m |
Total liabilities | CN¥458.08m |
Total assets | CN¥1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300551's short term assets (CN¥747.7M) exceed its short term liabilities (CN¥346.7M).
Long Term Liabilities: 300551's short term assets (CN¥747.7M) exceed its long term liabilities (CN¥111.3M).
Debt to Equity History and Analysis
Debt Level: 300551 has more cash than its total debt.
Reducing Debt: 300551's debt to equity ratio has reduced from 3.8% to 1.6% over the past 5 years.
Debt Coverage: 300551's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300551's interest payments on its debt are well covered by EBIT.