Ningbo Peacebird FashionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Peacebird FashionLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥784.9M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥7.7B and CN¥3.0B respectively. Ningbo Peacebird FashionLtd's EBIT is CN¥309.7M making its interest coverage ratio 31.4. It has cash and short-term investments of CN¥2.6B.
Key information
16.7%
Debt to equity ratio
CN¥784.92m
Debt
Interest coverage ratio | 31.4x |
Cash | CN¥2.64b |
Equity | CN¥4.69b |
Total liabilities | CN¥2.97b |
Total assets | CN¥7.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603877's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603877's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 603877 has more cash than its total debt.
Reducing Debt: 603877's debt to equity ratio has increased from 8% to 16.7% over the past 5 years.
Debt Coverage: 603877's debt is well covered by operating cash flow (145.2%).
Interest Coverage: 603877's interest payments on its debt are well covered by EBIT (31.4x coverage).