Shenzhen Capol International & Associatesco.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Capol International & Associatesco.Ltd has a total shareholder equity of CN¥1.7B and total debt of CN¥405.8M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are CN¥3.3B and CN¥1.6B respectively. Shenzhen Capol International & Associatesco.Ltd's EBIT is CN¥189.3M making its interest coverage ratio -30.9. It has cash and short-term investments of CN¥1.1B.
Key information
24.4%
Debt to equity ratio
CN¥405.80m
Debt
Interest coverage ratio | -30.9x |
Cash | CN¥1.14b |
Equity | CN¥1.67b |
Total liabilities | CN¥1.60b |
Total assets | CN¥3.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002949's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002949's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥415.0M).
Debt to Equity History and Analysis
Debt Level: 002949 has more cash than its total debt.
Reducing Debt: 002949's debt to equity ratio has increased from 3% to 24.4% over the past 5 years.
Debt Coverage: 002949's debt is well covered by operating cash flow (70.7%).
Interest Coverage: 002949 earns more interest than it pays, so coverage of interest payments is not a concern.