Topscore Fashion Balance Sheet Health
Financial Health criteria checks 5/6
Topscore Fashion has a total shareholder equity of CN¥1.2B and total debt of CN¥576.0M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥2.0B and CN¥785.5M respectively. Topscore Fashion's EBIT is CN¥29.7M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥642.1M.
Key information
47.3%
Debt to equity ratio
CN¥576.01m
Debt
Interest coverage ratio | -10.2x |
Cash | CN¥642.12m |
Equity | CN¥1.22b |
Total liabilities | CN¥785.45m |
Total assets | CN¥2.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603608's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥213.3M).
Long Term Liabilities: 603608's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥572.2M).
Debt to Equity History and Analysis
Debt Level: 603608 has more cash than its total debt.
Reducing Debt: 603608's debt to equity ratio has increased from 3.7% to 47.3% over the past 5 years.
Debt Coverage: 603608's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 603608 earns more interest than it pays, so coverage of interest payments is not a concern.