Shenyang Cuihua Gold and Silver Jewelry Balance Sheet Health
Financial Health criteria checks 2/6
Shenyang Cuihua Gold and Silver Jewelry has a total shareholder equity of CN¥1.7B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are CN¥5.5B and CN¥3.8B respectively. Shenyang Cuihua Gold and Silver Jewelry's EBIT is CN¥97.8M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥698.9M.
Key information
110.8%
Debt to equity ratio
CN¥1.87b
Debt
Interest coverage ratio | 1.8x |
Cash | CN¥698.94m |
Equity | CN¥1.69b |
Total liabilities | CN¥3.78b |
Total assets | CN¥5.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002731's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002731's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥762.4M).
Debt to Equity History and Analysis
Debt Level: 002731's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: 002731's debt to equity ratio has increased from 82.8% to 110.8% over the past 5 years.
Debt Coverage: 002731's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 002731's interest payments on its debt are not well covered by EBIT (1.8x coverage).