Runner (Xiamen) Balance Sheet Health
Financial Health criteria checks 6/6
Runner (Xiamen) has a total shareholder equity of CN¥3.1B and total debt of CN¥190.4M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥4.6B and CN¥1.5B respectively. Runner (Xiamen)'s EBIT is CN¥527.6M making its interest coverage ratio -21.8. It has cash and short-term investments of CN¥1.1B.
Key information
6.1%
Debt to equity ratio
CN¥190.40m
Debt
| Interest coverage ratio | -21.8x |
| Cash | CN¥1.10b |
| Equity | CN¥3.13b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603408's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603408's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥88.0M).
Debt to Equity History and Analysis
Debt Level: 603408 has more cash than its total debt.
Reducing Debt: 603408's debt to equity ratio has reduced from 15.7% to 6.1% over the past 5 years.
Debt Coverage: 603408's debt is well covered by operating cash flow (353.8%).
Interest Coverage: 603408 earns more interest than it pays, so coverage of interest payments is not a concern.