UE Furniture Balance Sheet Health
Financial Health criteria checks 4/6
UE Furniture has a total shareholder equity of CN¥2.2B and total debt of CN¥753.0M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are CN¥4.0B and CN¥1.8B respectively. UE Furniture's EBIT is CN¥217.8M making its interest coverage ratio -14. It has cash and short-term investments of CN¥838.2M.
Key information
34.1%
Debt to equity ratio
CN¥753.04m
Debt
| Interest coverage ratio | -14x |
| Cash | CN¥838.17m |
| Equity | CN¥2.21b |
| Total liabilities | CN¥1.78b |
| Total assets | CN¥3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603600's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603600's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥70.1M).
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 5.1% to 34.1% over the past 5 years.
Debt Coverage: 603600's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 603600 earns more interest than it pays, so coverage of interest payments is not a concern.