Guangdong Great River Smarter Logistics Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Great River Smarter Logistics has a total shareholder equity of CN¥3.1B and total debt of CN¥6.5B, which brings its debt-to-equity ratio to 210.2%. Its total assets and total liabilities are CN¥10.2B and CN¥7.1B respectively. Guangdong Great River Smarter Logistics's EBIT is CN¥617.3M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥1.1B.
Key information
210.2%
Debt to equity ratio
CN¥6.47b
Debt
Interest coverage ratio | 2.7x |
Cash | CN¥1.13b |
Equity | CN¥3.08b |
Total liabilities | CN¥7.09b |
Total assets | CN¥10.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002930's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002930's short term assets (CN¥1.6B) do not cover its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 002930's net debt to equity ratio (173.6%) is considered high.
Reducing Debt: 002930's debt to equity ratio has increased from 34% to 210.2% over the past 5 years.
Debt Coverage: 002930's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 002930's interest payments on its debt are not well covered by EBIT (2.7x coverage).