CoCreation Grass Co., Ltd

XSSC:605099 Stock Report

Market Cap: CN¥8.0b

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¥105.3M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥3.1B and CN¥444.0M respectively. CoCreation Grass's EBIT is CN¥479.6M making its interest coverage ratio -103.8. It has cash and short-term investments of CN¥934.9M.

Key information

4.0%

Debt to equity ratio

CN¥105.34m

Debt

Interest coverage ratio-103.8x
CashCN¥934.88m
EquityCN¥2.65b
Total liabilitiesCN¥443.97m
Total assetsCN¥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 4% over the past 5 years.

Debt Coverage: 605099's debt is well covered by operating cash flow (424.5%).

Interest Coverage: 605099 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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