Shanghai M&G Stationery Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai M&G Stationery has a total shareholder equity of CN¥8.7B and total debt of CN¥445.6M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥14.5B and CN¥5.7B respectively. Shanghai M&G Stationery's EBIT is CN¥1.8B making its interest coverage ratio -32.6. It has cash and short-term investments of CN¥5.9B.
Key information
5.1%
Debt to equity ratio
CN¥445.62m
Debt
Interest coverage ratio | -32.6x |
Cash | CN¥5.92b |
Equity | CN¥8.75b |
Total liabilities | CN¥5.73b |
Total assets | CN¥14.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603899's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 603899's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥415.4M).
Debt to Equity History and Analysis
Debt Level: 603899 has more cash than its total debt.
Reducing Debt: 603899's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: 603899's debt is well covered by operating cash flow (572.1%).
Interest Coverage: 603899 earns more interest than it pays, so coverage of interest payments is not a concern.