Shanghai Metersbonwe Fashion and Accessories Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Metersbonwe Fashion and Accessories has a total shareholder equity of CN¥521.8M and total debt of CN¥471.3M, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are CN¥2.5B and CN¥2.0B respectively.
Key information
90.3%
Debt to equity ratio
CN¥471.28m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥330.82m |
| Equity | CN¥521.84m |
| Total liabilities | CN¥1.97b |
| Total assets | CN¥2.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002269's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002269's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥294.3M).
Debt to Equity History and Analysis
Debt Level: 002269's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: 002269's debt to equity ratio has increased from 36.4% to 90.3% over the past 5 years.
Debt Coverage: 002269's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002269's interest payments on its debt are well covered by EBIT.