Dazzle Fashion Balance Sheet Health
Financial Health criteria checks 5/6
Dazzle Fashion has a total shareholder equity of CN¥3.9B and total debt of CN¥94.6M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥4.7B and CN¥838.3M respectively. Dazzle Fashion's EBIT is CN¥674.1M making its interest coverage ratio -1050.6. It has cash and short-term investments of CN¥3.2B.
Key information
2.5%
Debt to equity ratio
CN¥94.64m
Debt
Interest coverage ratio | -1050.6x |
Cash | CN¥3.18b |
Equity | CN¥3.86b |
Total liabilities | CN¥838.34m |
Total assets | CN¥4.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603587's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥736.1M).
Long Term Liabilities: 603587's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥102.2M).
Debt to Equity History and Analysis
Debt Level: 603587 has more cash than its total debt.
Reducing Debt: 603587's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: 603587's debt is well covered by operating cash flow (659.9%).
Interest Coverage: 603587 earns more interest than it pays, so coverage of interest payments is not a concern.