Shenzhen Ellassay FashionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Ellassay FashionLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥235.3M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CN¥4.4B and CN¥1.3B respectively. Shenzhen Ellassay FashionLtd's EBIT is CN¥201.0M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥552.5M.
Key information
7.7%
Debt to equity ratio
CN¥235.29m
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥552.53m |
| Equity | CN¥3.05b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥4.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603808's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥877.1M).
Long Term Liabilities: 603808's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥460.1M).
Debt to Equity History and Analysis
Debt Level: 603808 has more cash than its total debt.
Reducing Debt: 603808's debt to equity ratio has reduced from 8.8% to 7.7% over the past 5 years.
Debt Coverage: 603808's debt is well covered by operating cash flow (154.4%).
Interest Coverage: 603808 earns more interest than it pays, so coverage of interest payments is not a concern.