Eternal Asia Supply Chain Management Balance Sheet Health
Financial Health criteria checks 3/6
Eternal Asia Supply Chain Management has a total shareholder equity of CN¥10.6B and total debt of CN¥22.9B, which brings its debt-to-equity ratio to 216.3%. Its total assets and total liabilities are CN¥51.4B and CN¥40.8B respectively. Eternal Asia Supply Chain Management's EBIT is CN¥1.2B making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥10.3B.
Key information
216.3%
Debt to equity ratio
CN¥22.92b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥10.25b |
| Equity | CN¥10.59b |
| Total liabilities | CN¥40.78b |
| Total assets | CN¥51.37b |
Financial Position Analysis
Short Term Liabilities: 002183's short term assets (CN¥40.0B) exceed its short term liabilities (CN¥37.6B).
Long Term Liabilities: 002183's short term assets (CN¥40.0B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 002183's net debt to equity ratio (119.5%) is considered high.
Reducing Debt: 002183's debt to equity ratio has reduced from 254.2% to 216.3% over the past 5 years.
Debt Coverage: 002183's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002183's interest payments on its debt are not well covered by EBIT (1.4x coverage).