Greatview Aseptic Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Greatview Aseptic Packaging has a total shareholder equity of CN¥2.9B and total debt of CN¥140.8M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥4.0B and CN¥1.1B respectively. Greatview Aseptic Packaging's EBIT is CN¥311.2M making its interest coverage ratio -53.6. It has cash and short-term investments of CN¥866.7M.
Key information
4.9%
Debt to equity ratio
CN¥140.82m
Debt
Interest coverage ratio | -53.6x |
Cash | CN¥866.66m |
Equity | CN¥2.90b |
Total liabilities | CN¥1.13b |
Total assets | CN¥4.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRVW.F's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: GRVW.F's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥84.6M).
Debt to Equity History and Analysis
Debt Level: GRVW.F has more cash than its total debt.
Reducing Debt: GRVW.F's debt to equity ratio has reduced from 7.8% to 4.9% over the past 5 years.
Debt Coverage: GRVW.F's debt is well covered by operating cash flow (314%).
Interest Coverage: GRVW.F earns more interest than it pays, so coverage of interest payments is not a concern.