Chow Tai Seng Jewellery Balance Sheet Health
Financial Health criteria checks 5/6
Chow Tai Seng Jewellery has a total shareholder equity of CN¥6.2B and total debt of CN¥476.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CN¥8.3B and CN¥2.1B respectively. Chow Tai Seng Jewellery's EBIT is CN¥1.5B making its interest coverage ratio 63.4. It has cash and short-term investments of CN¥1.6B.
Key information
7.7%
Debt to equity ratio
CN¥476.44m
Debt
| Interest coverage ratio | 63.4x |
| Cash | CN¥1.55b |
| Equity | CN¥6.21b |
| Total liabilities | CN¥2.06b |
| Total assets | CN¥8.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002867's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002867's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥74.3M).
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 2.2% to 7.7% over the past 5 years.
Debt Coverage: 002867's debt is well covered by operating cash flow (327.9%).
Interest Coverage: 002867's interest payments on its debt are well covered by EBIT (63.4x coverage).