CoCreation Grass Balance Sheet Health
Financial Health criteria checks 6/6
CoCreation Grass has a total shareholder equity of CN¥2.5B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥3.0B and CN¥428.2M respectively. CoCreation Grass's EBIT is CN¥473.7M making its interest coverage ratio -17.6. It has cash and short-term investments of CN¥748.8M.
Key information
4.0%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -17.6x |
| Cash | CN¥748.82m |
| Equity | CN¥2.52b |
| Total liabilities | CN¥428.22m |
| Total assets | CN¥2.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605099's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥399.9M).
Long Term Liabilities: 605099's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥28.3M).
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 18.9% to 4% over the past 5 years.
Debt Coverage: 605099's debt is well covered by operating cash flow (392.1%).
Interest Coverage: 605099 earns more interest than it pays, so coverage of interest payments is not a concern.