Guangdong Meiyanjixiang HydropowerLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Meiyanjixiang HydropowerLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥116.0M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥2.7B and CN¥382.8M respectively.
Key information
4.9%
Debt to equity ratio
CN¥116.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥323.79m |
Equity | CN¥2.34b |
Total liabilities | CN¥382.81m |
Total assets | CN¥2.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600868's short term assets (CN¥822.8M) exceed its short term liabilities (CN¥256.1M).
Long Term Liabilities: 600868's short term assets (CN¥822.8M) exceed its long term liabilities (CN¥126.7M).
Debt to Equity History and Analysis
Debt Level: 600868 has more cash than its total debt.
Reducing Debt: 600868's debt to equity ratio has increased from 0% to 4.9% over the past 5 years.
Debt Coverage: 600868's debt is well covered by operating cash flow (70.5%).
Interest Coverage: Insufficient data to determine if 600868's interest payments on its debt are well covered by EBIT.