CoCreation Grass Balance Sheet Health
Financial Health criteria checks 6/6
CoCreation Grass has a total shareholder equity of CN¥2.5B and total debt of CN¥304.6M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥3.1B and CN¥627.9M respectively. CoCreation Grass's EBIT is CN¥463.0M making its interest coverage ratio -143.9. It has cash and short-term investments of CN¥1.2B.
Key information
12.2%
Debt to equity ratio
CN¥304.61m
Debt
| Interest coverage ratio | -143.9x |
| Cash | CN¥1.19b |
| Equity | CN¥2.49b |
| Total liabilities | CN¥627.93m |
| Total assets | CN¥3.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥592.9M).
Long Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥35.0M).
Debt to Equity History and Analysis
Debt Level: 605099 has more cash than its total debt.
Reducing Debt: 605099's debt to equity ratio has reduced from 26.5% to 12.2% over the past 5 years.
Debt Coverage: 605099's debt is well covered by operating cash flow (133.8%).
Interest Coverage: 605099 earns more interest than it pays, so coverage of interest payments is not a concern.