Shanghai Metersbonwe Fashion and Accessories Balance Sheet Health
Financial Health criteria checks 1/6
Shanghai Metersbonwe Fashion and Accessories has a total shareholder equity of CN¥524.8M and total debt of CN¥374.8M, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are CN¥2.3B and CN¥1.7B respectively.
Key information
71.4%
Debt to equity ratio
CN¥374.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥106.84m |
| Equity | CN¥524.83m |
| Total liabilities | CN¥1.74b |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002269's short term assets (CN¥999.8M) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002269's short term assets (CN¥999.8M) exceed its long term liabilities (CN¥304.7M).
Debt to Equity History and Analysis
Debt Level: 002269's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: 002269's debt to equity ratio has increased from 45.9% to 71.4% over the past 5 years.
Debt Coverage: 002269's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002269's interest payments on its debt are well covered by EBIT.