Shenzhen Ellassay FashionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Ellassay FashionLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥278.2M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CN¥4.6B and CN¥1.5B respectively. Shenzhen Ellassay FashionLtd's EBIT is CN¥171.7M making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥550.8M.
Key information
9.0%
Debt to equity ratio
CN¥278.24m
Debt
Interest coverage ratio | -5.3x |
Cash | CN¥550.78m |
Equity | CN¥3.09b |
Total liabilities | CN¥1.50b |
Total assets | CN¥4.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603808's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥783.8M).
Long Term Liabilities: 603808's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥719.2M).
Debt to Equity History and Analysis
Debt Level: 603808 has more cash than its total debt.
Reducing Debt: 603808's debt to equity ratio has increased from 2.3% to 9% over the past 5 years.
Debt Coverage: 603808's debt is well covered by operating cash flow (162.7%).
Interest Coverage: 603808 earns more interest than it pays, so coverage of interest payments is not a concern.