Center International GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Center International GroupLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥789.2M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are CN¥5.9B and CN¥3.2B respectively. Center International GroupLtd's EBIT is CN¥57.9M making its interest coverage ratio 11.6. It has cash and short-term investments of CN¥979.9M.
Key information
28.7%
Debt to equity ratio
CN¥789.20m
Debt
| Interest coverage ratio | 11.6x |
| Cash | CN¥979.93m |
| Equity | CN¥2.75b |
| Total liabilities | CN¥3.19b |
| Total assets | CN¥5.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603098's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 603098's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥250.8M).
Debt to Equity History and Analysis
Debt Level: 603098 has more cash than its total debt.
Reducing Debt: 603098's debt to equity ratio has reduced from 32.7% to 28.7% over the past 5 years.
Debt Coverage: 603098's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 603098's interest payments on its debt are well covered by EBIT (11.6x coverage).