CoCreation Grass Balance Sheet Health
Financial Health criteria checks 6/6
CoCreation Grass has a total shareholder equity of CN¥2.6B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥3.1B and CN¥444.0M respectively. CoCreation Grass's EBIT is CN¥477.3M making its interest coverage ratio -19. It has cash and short-term investments of CN¥934.9M.
Key information
3.8%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -19x |
| Cash | CN¥934.88m |
| Equity | CN¥2.65b |
| Total liabilities | CN¥443.97m |
| Total assets | CN¥3.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥417.1M).
Long Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥26.9M).
Debt to Equity History and Analysis
Debt Level: 605099 has more cash than its total debt.
Reducing Debt: 605099's debt to equity ratio has reduced from 15.8% to 3.8% over the past 5 years.
Debt Coverage: 605099's debt is well covered by operating cash flow (447.2%).
Interest Coverage: 605099 earns more interest than it pays, so coverage of interest payments is not a concern.