Mesnac Balance Sheet Health
Financial Health criteria checks 4/6
Mesnac has a total shareholder equity of CN¥5.6B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are CN¥16.7B and CN¥11.0B respectively. Mesnac's EBIT is CN¥399.0M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥4.2B.
Key information
40.1%
Debt to equity ratio
CN¥2.27b
Debt
Interest coverage ratio | -9.7x |
Cash | CN¥4.20b |
Equity | CN¥5.65b |
Total liabilities | CN¥11.01b |
Total assets | CN¥16.65b |
Recent financial health updates
Recent updates
Mesnac 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¥12.5B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 002073's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥1.2B).
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 increased from 32.9% to 40.1% over the past 5 years.
Debt Coverage: 002073's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 002073 earns more interest than it pays, so coverage of interest payments is not a concern.