Changhua Holding Group Balance Sheet Health
Financial Health criteria checks 6/6
Changhua Holding Group has a total shareholder equity of CN¥2.8B and total debt of CN¥122.2M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥3.4B and CN¥643.5M respectively. Changhua Holding Group's EBIT is CN¥138.1M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥295.6M.
Key information
4.4%
Debt to equity ratio
CN¥122.22m
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥295.64m |
| Equity | CN¥2.75b |
| Total liabilities | CN¥643.45m |
| Total assets | CN¥3.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605018's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥574.9M).
Long Term Liabilities: 605018's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥68.6M).
Debt to Equity History and Analysis
Debt Level: 605018 has more cash than its total debt.
Reducing Debt: 605018's debt to equity ratio has reduced from 16.6% to 4.4% over the past 5 years.
Debt Coverage: 605018's debt is well covered by operating cash flow (253.6%).
Interest Coverage: 605018 earns more interest than it pays, so coverage of interest payments is not a concern.