Shuhua Sports Balance Sheet Health
Financial Health criteria checks 6/6
Shuhua Sports has a total shareholder equity of CN¥1.2B and total debt of CN¥348.0M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥2.0B and CN¥752.7M respectively. Shuhua Sports's EBIT is CN¥126.8M making its interest coverage ratio 53.6. It has cash and short-term investments of CN¥604.4M.
Key information
28.0%
Debt to equity ratio
CN¥348.00m
Debt
| Interest coverage ratio | 53.6x |
| Cash | CN¥604.35m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥752.67m |
| Total assets | CN¥2.00b |
Recent financial health updates
Recent updates
There May Be Underlying Issues With The Quality Of Shuhua Sports' (SHSE:605299) Earnings
Nov 04
Bearish: Analysts Just Cut Their Shuhua Sports Co., Ltd. (SHSE:605299) Revenue and EPS estimates
Aug 21Shuhua Sports (SHSE:605299) Will Be Hoping To Turn Its Returns On Capital Around
Aug 03Additional Considerations Required While Assessing Shuhua Sports' (SHSE:605299) Strong Earnings
May 02Shuhua Sports (SHSE:605299) Has A Rock Solid Balance Sheet
Apr 17Earnings Not Telling The Story For Shuhua Sports Co., Ltd. (SHSE:605299) After Shares Rise 29%
Mar 08Financial Position Analysis
Short Term Liabilities: 605299's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥673.9M).
Long Term Liabilities: 605299's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥78.8M).
Debt to Equity History and Analysis
Debt Level: 605299 has more cash than its total debt.
Reducing Debt: 605299's debt to equity ratio has reduced from 34.7% to 28% over the past 5 years.
Debt Coverage: 605299's debt is well covered by operating cash flow (41.5%).
Interest Coverage: 605299's interest payments on its debt are well covered by EBIT (53.6x coverage).