Arcplus Group Balance Sheet Health
Financial Health criteria checks 6/6
Arcplus Group has a total shareholder equity of CN¥5.4B and total debt of CN¥258.2M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥15.1B and CN¥9.7B respectively. Arcplus Group's EBIT is CN¥401.3M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥2.7B.
Key information
4.8%
Debt to equity ratio
CN¥258.18m
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥2.69b |
| Equity | CN¥5.41b |
| Total liabilities | CN¥9.66b |
| Total assets | CN¥15.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600629's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 600629's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥960.6M).
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 4.8% over the past 5 years.
Debt Coverage: 600629's debt is well covered by operating cash flow (142.8%).
Interest Coverage: 600629 earns more interest than it pays, so coverage of interest payments is not a concern.