Guangdong Great River Smarter Logistics Balance Sheet Health
Financial Health criteria checks 0/6
Guangdong Great River Smarter Logistics has a total shareholder equity of CN¥3.1B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 185.7%. Its total assets and total liabilities are CN¥9.6B and CN¥6.5B respectively. Guangdong Great River Smarter Logistics's EBIT is CN¥551.1M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥690.6M.
Key information
185.7%
Debt to equity ratio
CN¥5.77b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥690.57m |
| Equity | CN¥3.11b |
| Total liabilities | CN¥6.51b |
| Total assets | CN¥9.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002930's short term assets (CN¥978.0M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002930's short term assets (CN¥978.0M) do not cover its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 002930's net debt to equity ratio (163.5%) is considered high.
Reducing Debt: 002930's debt to equity ratio has increased from 37.8% to 185.7% over the past 5 years.
Debt Coverage: 002930's debt is not well covered by operating cash flow (17%).
Interest Coverage: 002930's interest payments on its debt are not well covered by EBIT (2.4x coverage).