Chow Tai Seng Jewellery Balance Sheet Health
Financial Health criteria checks 4/6
Chow Tai Seng Jewellery has a total shareholder equity of CN¥6.7B and total debt of CN¥881.8M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥9.1B and CN¥2.4B respectively. Chow Tai Seng Jewellery's EBIT is CN¥1.7B making its interest coverage ratio 137.6. It has cash and short-term investments of CN¥1.9B.
Key information
13.1%
Debt to equity ratio
CN¥881.79m
Debt
Interest coverage ratio | 137.6x |
Cash | CN¥1.88b |
Equity | CN¥6.73b |
Total liabilities | CN¥2.38b |
Total assets | CN¥9.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002867's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002867's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥56.4M).
Debt to Equity History and Analysis
Debt Level: 002867 has more cash than its total debt.
Reducing Debt: 002867's debt to equity ratio has increased from 10.7% to 13.1% over the past 5 years.
Debt Coverage: 002867's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002867's interest payments on its debt are well covered by EBIT (137.6x coverage).