Center International GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Center International GroupLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥755.7M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥5.8B and CN¥3.0B respectively. Center International GroupLtd's EBIT is CN¥34.7M making its interest coverage ratio 12.9. It has cash and short-term investments of CN¥1.1B.
Key information
27.1%
Debt to equity ratio
CN¥755.72m
Debt
| Interest coverage ratio | 12.9x |
| Cash | CN¥1.08b |
| Equity | CN¥2.79b |
| Total liabilities | CN¥3.04b |
| Total assets | CN¥5.84b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Center International Group Co.,Ltd. (SHSE:603098)
Nov 20
There's Reason For Concern Over Center International Group Co.,Ltd.'s (SHSE:603098) Massive 27% Price Jump
Nov 04Center International GroupLtd (SHSE:603098) Could Be Struggling To Allocate Capital
Aug 22We Think Center International GroupLtd (SHSE:603098) Can Manage Its Debt With Ease
May 30Center International GroupLtd's (SHSE:603098) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Some Investors May Be Worried About Center International GroupLtd's (SHSE:603098) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 603098's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603098's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥40.1M).
Debt to Equity History and Analysis
Debt Level: 603098 has more cash than its total debt.
Reducing Debt: 603098's debt to equity ratio has reduced from 29.4% to 27.1% over the past 5 years.
Debt Coverage: 603098's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 603098's interest payments on its debt are well covered by EBIT (12.9x coverage).