Arcplus Group Balance Sheet Health
Financial Health criteria checks 6/6
Arcplus Group has a total shareholder equity of CN¥5.5B and total debt of CN¥242.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥15.2B and CN¥9.7B respectively. Arcplus Group's EBIT is CN¥377.8M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥2.4B.
Key information
4.4%
Debt to equity ratio
CN¥242.04m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥2.42b |
| Equity | CN¥5.49b |
| Total liabilities | CN¥9.66b |
| Total assets | CN¥15.15b |
Recent financial health updates
No updates
Recent updates
Arcplus Group's (SHSE:600629) Profits May Not Reveal Underlying Issues
Nov 06
Benign Growth For Arcplus Group PLC (SHSE:600629) Underpins Its Share Price
Oct 29Estimating The Intrinsic Value Of Arcplus Group PLC (SHSE:600629)
Aug 28A Look At The Intrinsic Value Of Arcplus Group PLC (SHSE:600629)
May 29We Think That There Are Some Issues For Arcplus Group (SHSE:600629) Beyond Its Promising Earnings
May 02Here's What To Make Of Arcplus Group's (SHSE:600629) Decelerating Rates Of Return
Apr 17The Market Doesn't Like What It Sees From Arcplus Group PLC's (SHSE:600629) Earnings Yet As Shares Tumble 30%
Mar 01Financial Position Analysis
Short Term Liabilities: 600629's short term assets (CN¥11.2B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 600629's short term assets (CN¥11.2B) exceed its long term liabilities (CN¥965.6M).
Debt to Equity History and Analysis
Debt Level: 600629 has more cash than its total debt.
Reducing Debt: 600629's debt to equity ratio has reduced from 27.4% to 4.4% over the past 5 years.
Debt Coverage: 600629's debt is well covered by operating cash flow (92%).
Interest Coverage: 600629 earns more interest than it pays, so coverage of interest payments is not a concern.