Guangdong - Hong Kong Greater Bay Area Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong - Hong Kong Greater Bay Area Holdings has a total shareholder equity of CN¥2.2B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 295%. Its total assets and total liabilities are CN¥18.2B and CN¥16.0B respectively.
Key information
295.0%
Debt to equity ratio
CN¥6.62b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥176.84m |
| Equity | CN¥2.24b |
| Total liabilities | CN¥15.98b |
| Total assets | CN¥18.22b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1396's short term assets (CN¥16.2B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 1396's short term assets (CN¥16.2B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 1396's net debt to equity ratio (287.1%) is considered high.
Reducing Debt: 1396's debt to equity ratio has increased from 56.7% to 295% over the past 5 years.
Debt Coverage: 1396's debt is well covered by operating cash flow (21.9%).
Interest Coverage: Insufficient data to determine if 1396's interest payments on its debt are well covered by EBIT.