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¥2.1B, which brings its debt-to-equity ratio to 124%. Its total assets and total liabilities are CN¥6.0B and CN¥4.3B respectively. Shenyang Cuihua Gold and Silver Jewelry's EBIT is CN¥176.7M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥798.6M.
Key information
124.0%
Debt to equity ratio
CN¥2.10b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥798.63m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥4.34b |
| Total assets | CN¥6.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002731's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002731's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥696.9M).
Debt to Equity History and Analysis
Debt Level: 002731's net debt to equity ratio (76.8%) is considered high.
Reducing Debt: 002731's debt to equity ratio has increased from 93.1% to 124% over the past 5 years.
Debt Coverage: 002731's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 002731's interest payments on its debt are not well covered by EBIT (2.7x coverage).