Greatview Aseptic Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Greatview Aseptic Packaging has a total shareholder equity of CN¥3.1B and total debt of CN¥34.5M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥4.0B and CN¥826.6M respectively. Greatview Aseptic Packaging's EBIT is CN¥337.8M making its interest coverage ratio -35.3. It has cash and short-term investments of CN¥939.6M.
Key information
1.1%
Debt to equity ratio
CN¥34.48m
Debt
| Interest coverage ratio | -35.3x |
| Cash | CN¥939.57m |
| Equity | CN¥3.14b |
| Total liabilities | CN¥826.62m |
| Total assets | CN¥3.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8GA's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥759.6M).
Long Term Liabilities: 8GA's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥67.0M).
Debt to Equity History and Analysis
Debt Level: 8GA has more cash than its total debt.
Reducing Debt: 8GA's debt to equity ratio has reduced from 4.9% to 1.1% over the past 5 years.
Debt Coverage: 8GA's debt is well covered by operating cash flow (1608%).
Interest Coverage: 8GA earns more interest than it pays, so coverage of interest payments is not a concern.