Camel Group Balance Sheet Health
Financial Health criteria checks 6/6
Camel Group has a total shareholder equity of CN¥9.6B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are CN¥14.3B and CN¥4.7B respectively. Camel Group's EBIT is CN¥778.2M making its interest coverage ratio 13.4. It has cash and short-term investments of CN¥1.8B.
Key information
21.5%
Debt to equity ratio
CN¥2.05b
Debt
Interest coverage ratio | 13.4x |
Cash | CN¥1.81b |
Equity | CN¥9.57b |
Total liabilities | CN¥4.75b |
Total assets | CN¥14.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601311's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 601311's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥733.2M).
Debt to Equity History and Analysis
Debt Level: 601311's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 601311's debt to equity ratio has reduced from 35.1% to 21.5% over the past 5 years.
Debt Coverage: 601311's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 601311's interest payments on its debt are well covered by EBIT (13.4x coverage).