North Industries Group Red Arrow Balance Sheet Health
Financial Health criteria checks 4/6
North Industries Group Red Arrow has a total shareholder equity of CN¥10.4B and total debt of CN¥880.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥15.5B and CN¥5.1B respectively. North Industries Group Red Arrow's EBIT is CN¥563.7M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥5.5B.
Key information
8.5%
Debt to equity ratio
CN¥880.00m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥5.50b |
| Equity | CN¥10.40b |
| Total liabilities | CN¥5.14b |
| Total assets | CN¥15.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000519's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 000519's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥807.3M).
Debt to Equity History and Analysis
Debt Level: 000519 has more cash than its total debt.
Reducing Debt: 000519's debt to equity ratio has increased from 1.3% to 8.5% over the past 5 years.
Debt Coverage: 000519's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000519 earns more interest than it pays, so coverage of interest payments is not a concern.