Seres GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Seres GroupLtd has a total shareholder equity of CN¥9.9B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are CN¥91.5B and CN¥81.6B respectively. Seres GroupLtd's EBIT is CN¥1.7B making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥53.2B.
Key information
19.8%
Debt to equity ratio
CN¥1.96b
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥53.20b |
| Equity | CN¥9.89b |
| Total liabilities | CN¥81.65b |
| Total assets | CN¥91.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601127's short term assets (CN¥65.6B) do not cover its short term liabilities (CN¥76.2B).
Long Term Liabilities: 601127's short term assets (CN¥65.6B) exceed its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 601127 has more cash than its total debt.
Reducing Debt: 601127's debt to equity ratio has reduced from 76.2% to 19.8% over the past 5 years.
Debt Coverage: 601127's debt is well covered by operating cash flow (1393.8%).
Interest Coverage: 601127 earns more interest than it pays, so coverage of interest payments is not a concern.