Mengtian Home Group Balance Sheet Health
Financial Health criteria checks 6/6
Mengtian Home Group has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥505.1M respectively. Mengtian Home Group's EBIT is CN¥62.2M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥1.45b |
| Equity | CN¥1.76b |
| Total liabilities | CN¥505.07m |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603216's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥495.4M).
Long Term Liabilities: 603216's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥9.7M).
Debt to Equity History and Analysis
Debt Level: 603216 is debt free.
Reducing Debt: 603216 has no debt compared to 5 years ago when its debt to equity ratio was 15.8%.
Debt Coverage: 603216 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603216 has no debt, therefore coverage of interest payments is not a concern.