Everbright Grand China Assets Balance Sheet Health
Financial Health criteria checks 6/6
Everbright Grand China Assets has a total shareholder equity of CN¥972.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥221.9M respectively. Everbright Grand China Assets's EBIT is CN¥14.4M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥222.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥222.21m |
| Equity | CN¥972.36m |
| Total liabilities | CN¥221.94m |
| Total assets | CN¥1.19b |
Recent financial health updates
Recent updates
Everbright Grand China Assets (HKG:3699) Is Reducing Its Dividend To CN¥0.0066
Mar 31
Everbright Grand China Assets Limited's (HKG:3699) Share Price Is Matching Sentiment Around Its Earnings
Feb 10Everbright Grand China Assets' (HKG:3699) Dividend Will Be Increased To CN¥0.0217
Jun 16Calculating The Fair Value Of Everbright Grand China Assets Limited (HKG:3699)
Nov 19Should You Or Shouldn't You: A Dividend Analysis on Everbright Grand China Assets Limited (HKG:3699)
Mar 18Calculating The Fair Value Of Everbright Grand China Assets Limited (HKG:3699)
Feb 08
Everbright Grand China Assets (HKG:3699) Is Growing Earnings But Are They A Good Guide?
Jan 13These 4 Measures Indicate That Everbright Grand China Assets (HKG:3699) Is Using Debt Reasonably Well
Dec 09Financial Position Analysis
Short Term Liabilities: 3699's short term assets (CN¥231.4M) exceed its short term liabilities (CN¥25.8M).
Long Term Liabilities: 3699's short term assets (CN¥231.4M) exceed its long term liabilities (CN¥196.1M).
Debt to Equity History and Analysis
Debt Level: 3699 is debt free.
Reducing Debt: 3699 has no debt compared to 5 years ago when its debt to equity ratio was 3%.
Debt Coverage: 3699 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3699 has no debt, therefore coverage of interest payments is not a concern.