China Education Resources Balance Sheet Health
Financial Health criteria checks 4/6
China Education Resources has a total shareholder equity of $253.8K and total debt of $1.3M, which brings its debt-to-equity ratio to 494.9%. Its total assets and total liabilities are $8.9M and $8.6M respectively.
Key information
494.9%
Debt to equity ratio
US$1.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.37m |
| Equity | US$253.83k |
| Total liabilities | US$8.64m |
| Total assets | US$8.89m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CHN's short term assets ($8.8M) exceed its short term liabilities ($8.3M).
Long Term Liabilities: CHN's short term assets ($8.8M) exceed its long term liabilities ($320.1K).
Debt to Equity History and Analysis
Debt Level: CHN has more cash than its total debt.
Reducing Debt: CHN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CHN's debt is not well covered by operating cash flow (17%).
Interest Coverage: Insufficient data to determine if CHN's interest payments on its debt are well covered by EBIT.