Guangshen Railway Balance Sheet Health
Financial Health criteria checks 5/6
Guangshen Railway has a total shareholder equity of CN¥26.4B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥37.2B and CN¥10.9B respectively. Guangshen Railway's EBIT is CN¥1.5B making its interest coverage ratio -38. It has cash and short-term investments of CN¥1.5B.
Key information
5.9%
Debt to equity ratio
CN¥1.56b
Debt
Interest coverage ratio | -38x |
Cash | CN¥1.48b |
Equity | CN¥26.35b |
Total liabilities | CN¥10.88b |
Total assets | CN¥37.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRCH's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥8.0B).
Long Term Liabilities: GRCH's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: GRCH's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: GRCH's debt to equity ratio has increased from 0% to 5.9% over the past 5 years.
Debt Coverage: GRCH's debt is well covered by operating cash flow (71.7%).
Interest Coverage: GRCH earns more interest than it pays, so coverage of interest payments is not a concern.