Chahua Modern Housewares Balance Sheet Health
Financial Health criteria checks 4/6
Chahua Modern Housewares has a total shareholder equity of CN¥1.2B and total debt of CN¥115.0M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥1.4B and CN¥223.2M respectively.
Key information
9.7%
Debt to equity ratio
CN¥115.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥545.26m |
Equity | CN¥1.19b |
Total liabilities | CN¥223.22m |
Total assets | CN¥1.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603615's short term assets (CN¥830.8M) exceed its short term liabilities (CN¥195.8M).
Long Term Liabilities: 603615's short term assets (CN¥830.8M) exceed its long term liabilities (CN¥27.4M).
Debt to Equity History and Analysis
Debt Level: 603615 has more cash than its total debt.
Reducing Debt: 603615's debt to equity ratio has increased from 0% to 9.7% over the past 5 years.
Debt Coverage: 603615's debt is well covered by operating cash flow (52.1%).
Interest Coverage: Insufficient data to determine if 603615's interest payments on its debt are well covered by EBIT.