Rastar Group Balance Sheet Health
Financial Health criteria checks 1/6
Rastar Group has a total shareholder equity of CN¥1.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are CN¥4.2B and CN¥2.4B respectively.
Key information
83.3%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥113.78m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥2.40b |
| Total assets | CN¥4.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300043's short term assets (CN¥615.7M) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300043's short term assets (CN¥615.7M) do not cover its long term liabilities (CN¥756.5M).
Debt to Equity History and Analysis
Debt Level: 300043's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: 300043's debt to equity ratio has reduced from 85.6% to 83.3% over the past 5 years.
Debt Coverage: 300043's debt is not well covered by operating cash flow (12%).
Interest Coverage: Insufficient data to determine if 300043's interest payments on its debt are well covered by EBIT.