MCLON JEWELLERYLtd Balance Sheet Health
Financial Health criteria checks 5/6
MCLON JEWELLERYLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥64.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥1.7B and CN¥139.1M respectively. MCLON JEWELLERYLtd's EBIT is CN¥72.8M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥929.2M.
Key information
4.1%
Debt to equity ratio
CN¥64.00m
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥929.21m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥139.06m |
| Total assets | CN¥1.72b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At MCLON JEWELLERYLtd (SZSE:300945) Aren't Ideal
Sep 29
MCLON JEWELLERY Co.,Ltd. (SZSE:300945) Investors Are Less Pessimistic Than Expected
Aug 07The Returns On Capital At MCLON JEWELLERYLtd (SZSE:300945) Don't Inspire Confidence
May 30Investors Shouldn't Be Too Comfortable With MCLON JEWELLERYLtd's (SZSE:300945) Earnings
May 03MCLON JEWELLERY Co.,Ltd.'s (SZSE:300945) 29% Share Price Surge Not Quite Adding Up
Apr 22There's Reason For Concern Over MCLON JEWELLERY Co.,Ltd.'s (SZSE:300945) Massive 31% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 300945's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥132.6M).
Long Term Liabilities: 300945's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥6.5M).
Debt to Equity History and Analysis
Debt Level: 300945 has more cash than its total debt.
Reducing Debt: 300945's debt to equity ratio has increased from 2.3% to 4.1% over the past 5 years.
Debt Coverage: 300945's debt is well covered by operating cash flow (64.3%).
Interest Coverage: 300945 earns more interest than it pays, so coverage of interest payments is not a concern.