Comefly Outdoor Balance Sheet Health
Financial Health criteria checks 5/6
Comefly Outdoor has a total shareholder equity of CN¥565.9M and total debt of CN¥302.3M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥1.3B and CN¥756.2M respectively. Comefly Outdoor's EBIT is CN¥116.5M making its interest coverage ratio 32.5. It has cash and short-term investments of CN¥311.7M.
Key information
53.4%
Debt to equity ratio
CN¥302.35m
Debt
| Interest coverage ratio | 32.5x |
| Cash | CN¥311.73m |
| Equity | CN¥565.89m |
| Total liabilities | CN¥756.17m |
| Total assets | CN¥1.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603908's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥726.8M).
Long Term Liabilities: 603908's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥29.4M).
Debt to Equity History and Analysis
Debt Level: 603908 has more cash than its total debt.
Reducing Debt: 603908's debt to equity ratio has increased from 0% to 53.4% over the past 5 years.
Debt Coverage: 603908's debt is well covered by operating cash flow (51%).
Interest Coverage: 603908's interest payments on its debt are well covered by EBIT (32.5x coverage).