Ribo Fashion Group Balance Sheet Health
Financial Health criteria checks 4/6
Ribo Fashion Group has a total shareholder equity of CN¥790.2M and total debt of CN¥70.1M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥1.1B and CN¥290.3M respectively. Ribo Fashion Group's EBIT is CN¥6.4M making its interest coverage ratio 2. It has cash and short-term investments of CN¥100.9M.
Key information
8.9%
Debt to equity ratio
CN¥70.05m
Debt
Interest coverage ratio | 2x |
Cash | CN¥100.88m |
Equity | CN¥790.22m |
Total liabilities | CN¥290.28m |
Total assets | CN¥1.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603196's short term assets (CN¥502.7M) exceed its short term liabilities (CN¥261.1M).
Long Term Liabilities: 603196's short term assets (CN¥502.7M) exceed its long term liabilities (CN¥29.1M).
Debt to Equity History and Analysis
Debt Level: 603196 has more cash than its total debt.
Reducing Debt: 603196's debt to equity ratio has increased from 7.5% to 8.9% over the past 5 years.
Debt Coverage: 603196's debt is well covered by operating cash flow (208.8%).
Interest Coverage: 603196's interest payments on its debt are not well covered by EBIT (2x coverage).