ActBlue Balance Sheet Health
Financial Health criteria checks 4/6
ActBlue has a total shareholder equity of CN¥817.3M and total debt of CN¥695.9M, which brings its debt-to-equity ratio to 85.2%. Its total assets and total liabilities are CN¥1.9B and CN¥1.1B respectively. ActBlue's EBIT is CN¥35.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥444.9M.
Key information
85.2%
Debt to equity ratio
CN¥695.95m
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥444.86m |
Equity | CN¥817.28m |
Total liabilities | CN¥1.07b |
Total assets | CN¥1.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300816's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥874.7M).
Long Term Liabilities: 300816's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥198.9M).
Debt to Equity History and Analysis
Debt Level: 300816's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 300816's debt to equity ratio has increased from 55.6% to 85.2% over the past 5 years.
Debt Coverage: 300816's debt is not well covered by operating cash flow (16%).
Interest Coverage: 300816's interest payments on its debt are well covered by EBIT (4.9x coverage).