East GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
East GroupLtd has a total shareholder equity of CN¥7.4B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥13.6B and CN¥6.2B respectively. East GroupLtd's EBIT is CN¥673.1M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥2.2B.
Key information
21.3%
Debt to equity ratio
CN¥1.58b
Debt
Interest coverage ratio | -10.5x |
Cash | CN¥2.15b |
Equity | CN¥7.40b |
Total liabilities | CN¥6.20b |
Total assets | CN¥13.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300376's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300376's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 300376 has more cash than its total debt.
Reducing Debt: 300376's debt to equity ratio has reduced from 47.8% to 21.3% over the past 5 years.
Debt Coverage: 300376's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 300376 earns more interest than it pays, so coverage of interest payments is not a concern.