Gresgying Digital Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Gresgying Digital Energy TechnologyLtd has a total shareholder equity of CN¥535.5M and total debt of CN¥3.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.2B and CN¥706.8M respectively. Gresgying Digital Energy TechnologyLtd's EBIT is CN¥527.2K making its interest coverage ratio 1. It has cash and short-term investments of CN¥373.0M.
Key information
0.7%
Debt to equity ratio
CN¥3.49m
Debt
Interest coverage ratio | 1x |
Cash | CN¥372.98m |
Equity | CN¥535.46m |
Total liabilities | CN¥706.80m |
Total assets | CN¥1.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600212's short term assets (CN¥993.0M) exceed its short term liabilities (CN¥672.5M).
Long Term Liabilities: 600212's short term assets (CN¥993.0M) exceed its long term liabilities (CN¥34.3M).
Debt to Equity History and Analysis
Debt Level: 600212 has more cash than its total debt.
Reducing Debt: 600212's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 600212's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600212's interest payments on its debt are not well covered by EBIT (1x coverage).