Guangzhou Shangpin Home Collection Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Shangpin Home Collection has a total shareholder equity of CN¥3.9B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are CN¥8.4B and CN¥4.5B respectively. Guangzhou Shangpin Home Collection's EBIT is CN¥148.0M making its interest coverage ratio -114.5. It has cash and short-term investments of CN¥2.9B.
Key information
62.3%
Debt to equity ratio
CN¥2.42b
Debt
Interest coverage ratio | -114.5x |
Cash | CN¥2.94b |
Equity | CN¥3.89b |
Total liabilities | CN¥4.47b |
Total assets | CN¥8.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300616's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 300616's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥820.9M).
Debt to Equity History and Analysis
Debt Level: 300616 has more cash than its total debt.
Reducing Debt: 300616's debt to equity ratio has increased from 0% to 62.3% over the past 5 years.
Debt Coverage: 300616's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 300616 earns more interest than it pays, so coverage of interest payments is not a concern.