Guangxi Guiguan Electric PowerCo.Ltd Balance Sheet Health
Financial Health criteria checks 2/6
Guangxi Guiguan Electric PowerCo.Ltd has a total shareholder equity of CN¥21.1B and total debt of CN¥22.6B, which brings its debt-to-equity ratio to 107.3%. Its total assets and total liabilities are CN¥47.3B and CN¥26.2B respectively. Guangxi Guiguan Electric PowerCo.Ltd's EBIT is CN¥2.0B making its interest coverage ratio -13.8. It has cash and short-term investments of CN¥740.4M.
Key information
107.3%
Debt to equity ratio
CN¥22.65b
Debt
Interest coverage ratio | -13.8x |
Cash | CN¥740.42m |
Equity | CN¥21.11b |
Total liabilities | CN¥26.17b |
Total assets | CN¥47.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600236's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥13.3B).
Long Term Liabilities: 600236's short term assets (CN¥3.4B) do not cover its long term liabilities (CN¥12.9B).
Debt to Equity History and Analysis
Debt Level: 600236's net debt to equity ratio (103.8%) is considered high.
Reducing Debt: 600236's debt to equity ratio has reduced from 160.2% to 107.3% over the past 5 years.
Debt Coverage: 600236's debt is not well covered by operating cash flow (18%).
Interest Coverage: 600236 earns more interest than it pays, so coverage of interest payments is not a concern.