Shanghai M&G Stationery Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai M&G Stationery has a total shareholder equity of CN¥9.1B and total debt of CN¥509.8M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥15.5B and CN¥6.3B respectively. Shanghai M&G Stationery's EBIT is CN¥1.7B making its interest coverage ratio -38. It has cash and short-term investments of CN¥6.4B.
Key information
5.6%
Debt to equity ratio
CN¥509.81m
Debt
| Interest coverage ratio | -38x |
| Cash | CN¥6.43b |
| Equity | CN¥9.11b |
| Total liabilities | CN¥6.35b |
| Total assets | CN¥15.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603899's short term assets (CN¥12.4B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 603899's short term assets (CN¥12.4B) exceed its long term liabilities (CN¥430.9M).
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 4.1% to 5.6% over the past 5 years.
Debt Coverage: 603899's debt is well covered by operating cash flow (527.7%).
Interest Coverage: 603899 earns more interest than it pays, so coverage of interest payments is not a concern.