Decai DecorationLTD Balance Sheet Health
Financial Health criteria checks 5/6
Decai DecorationLTD has a total shareholder equity of CN¥2.0B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 129.6%. Its total assets and total liabilities are CN¥11.5B and CN¥9.5B respectively. Decai DecorationLTD's EBIT is CN¥249.2M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥2.0B.
Key information
129.6%
Debt to equity ratio
CN¥2.61b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥1.97b |
| Equity | CN¥2.01b |
| Total liabilities | CN¥9.52b |
| Total assets | CN¥11.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605287's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 605287's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥383.8M).
Debt to Equity History and Analysis
Debt Level: 605287's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: 605287's debt to equity ratio has reduced from 173.7% to 129.6% over the past 5 years.
Debt Coverage: 605287's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605287's interest payments on its debt are well covered by EBIT (3.2x coverage).