GD Power DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 1/6
GD Power DevelopmentLtd has a total shareholder equity of CN¥130.8B and total debt of CN¥283.8B, which brings its debt-to-equity ratio to 216.9%. Its total assets and total liabilities are CN¥479.8B and CN¥349.0B respectively. GD Power DevelopmentLtd's EBIT is CN¥19.7B making its interest coverage ratio -23.3. It has cash and short-term investments of CN¥17.7B.
Key information
216.9%
Debt to equity ratio
CN¥283.83b
Debt
| Interest coverage ratio | -23.3x |
| Cash | CN¥17.70b |
| Equity | CN¥130.85b |
| Total liabilities | CN¥348.99b |
| Total assets | CN¥479.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600795's short term assets (CN¥65.3B) do not cover its short term liabilities (CN¥126.8B).
Long Term Liabilities: 600795's short term assets (CN¥65.3B) do not cover its long term liabilities (CN¥222.2B).
Debt to Equity History and Analysis
Debt Level: 600795's net debt to equity ratio (203.4%) is considered high.
Reducing Debt: 600795's debt to equity ratio has increased from 162.5% to 216.9% over the past 5 years.
Debt Coverage: 600795's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 600795 earns more interest than it pays, so coverage of interest payments is not a concern.