CoCreation Grass Balance Sheet Health
Financial Health criteria checks 6/6
CoCreation Grass has a total shareholder equity of CN¥2.6B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥3.1B and CN¥444.0M respectively. CoCreation Grass's EBIT is CN¥477.3M making its interest coverage ratio -19. It has cash and short-term investments of CN¥934.9M.
Key information
3.8%
Debt to equity ratio
CN¥100.00m
Debt
Interest coverage ratio | -19x |
Cash | CN¥934.88m |
Equity | CN¥2.65b |
Total liabilities | CN¥443.97m |
Total assets | CN¥3.09b |
Recent financial health updates
Is CoCreation Grass (SHSE:605099) A Risky Investment?
Oct 12Is CoCreation Grass (SHSE:605099) A Risky Investment?
Jun 19Recent updates
Is CoCreation Grass (SHSE:605099) A Risky Investment?
Oct 12The Returns On Capital At CoCreation Grass (SHSE:605099) Don't Inspire Confidence
Sep 21CoCreation Grass Co., Ltd's (SHSE:605099) Shares Lagging The Market But So Is The Business
Aug 27Is CoCreation Grass (SHSE:605099) A Risky Investment?
Jun 19CoCreation Grass Co., Ltd's (SHSE:605099) Share Price Is Matching Sentiment Around Its Earnings
May 22Is There Now An Opportunity In CoCreation Grass Co., Ltd (SHSE:605099)?
Mar 20Capital Allocation Trends At CoCreation Grass (SHSE:605099) Aren't Ideal
Feb 28Financial Position Analysis
Short Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥417.1M).
Long Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥26.9M).
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 15.8% to 3.8% over the past 5 years.
Debt Coverage: 605099's debt is well covered by operating cash flow (447.2%).
Interest Coverage: 605099 earns more interest than it pays, so coverage of interest payments is not a concern.