UE Furniture Balance Sheet Health
Financial Health criteria checks 5/6
UE Furniture has a total shareholder equity of CN¥2.2B and total debt of CN¥557.6M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are CN¥3.5B and CN¥1.3B respectively. UE Furniture's EBIT is CN¥170.2M making its interest coverage ratio -10. It has cash and short-term investments of CN¥928.5M.
Key information
25.4%
Debt to equity ratio
CN¥557.64m
Debt
Interest coverage ratio | -10x |
Cash | CN¥928.49m |
Equity | CN¥2.19b |
Total liabilities | CN¥1.33b |
Total assets | CN¥3.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603600's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603600's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥41.8M).
Debt to Equity History and Analysis
Debt Level: 603600 has more cash than its total debt.
Reducing Debt: 603600's debt to equity ratio has increased from 5.3% to 25.4% over the past 5 years.
Debt Coverage: 603600's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 603600 earns more interest than it pays, so coverage of interest payments is not a concern.