Mesnac Balance Sheet Health
Financial Health criteria checks 6/6
Mesnac has a total shareholder equity of CN¥5.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥17.3B and CN¥11.3B respectively. Mesnac's EBIT is CN¥605.1M making its interest coverage ratio -22.2. It has cash and short-term investments of CN¥3.8B.
Key information
27.1%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | -22.2x |
| Cash | CN¥3.84b |
| Equity | CN¥5.95b |
| Total liabilities | CN¥11.34b |
| Total assets | CN¥17.29b |
Recent financial health updates
Does Mesnac (SZSE:002073) Have A Healthy Balance Sheet?
Jun 26
Mesnac (SZSE:002073) Has A Pretty Healthy Balance Sheet
Mar 06Recent updates
Is Now The Time To Put Mesnac (SZSE:002073) On Your Watchlist?
Oct 13Does Mesnac (SZSE:002073) Have A Healthy Balance Sheet?
Jun 26Here's Why We Think Mesnac (SZSE:002073) Is Well Worth Watching
May 21Mesnac Co., Ltd. (SZSE:002073) Soars 34% But It's A Story Of Risk Vs Reward
Apr 23We Like These Underlying Return On Capital Trends At Mesnac (SZSE:002073)
Apr 22A Piece Of The Puzzle Missing From Mesnac Co., Ltd.'s (SZSE:002073) 27% Share Price Climb
Mar 09Mesnac (SZSE:002073) Has A Pretty Healthy Balance Sheet
Mar 06Financial Position Analysis
Short Term Liabilities: 002073's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥10.0B).
Long Term Liabilities: 002073's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002073 has more cash than its total debt.
Reducing Debt: 002073's debt to equity ratio has reduced from 34.4% to 27.1% over the past 5 years.
Debt Coverage: 002073's debt is well covered by operating cash flow (21%).
Interest Coverage: 002073 earns more interest than it pays, so coverage of interest payments is not a concern.