GD Power DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 1/6
GD Power DevelopmentLtd has a total shareholder equity of CN¥124.3B and total debt of CN¥284.1B, which brings its debt-to-equity ratio to 228.5%. Its total assets and total liabilities are CN¥468.6B and CN¥344.2B respectively. GD Power DevelopmentLtd's EBIT is CN¥21.4B making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥21.4B.
Key information
228.5%
Debt to equity ratio
CN¥284.05b
Debt
Interest coverage ratio | 5.1x |
Cash | CN¥21.45b |
Equity | CN¥124.33b |
Total liabilities | CN¥344.24b |
Total assets | CN¥468.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600795's short term assets (CN¥61.3B) do not cover its short term liabilities (CN¥132.1B).
Long Term Liabilities: 600795's short term assets (CN¥61.3B) do not cover its long term liabilities (CN¥212.1B).
Debt to Equity History and Analysis
Debt Level: 600795's net debt to equity ratio (211.2%) is considered high.
Reducing Debt: 600795's debt to equity ratio has increased from 176.8% to 228.5% over the past 5 years.
Debt Coverage: 600795's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 600795's interest payments on its debt are well covered by EBIT (5.1x coverage).