Better Life Commercial Chain ShareLtd Balance Sheet Health
Financial Health criteria checks 0/6
Better Life Commercial Chain ShareLtd has a total shareholder equity of CN¥8.9B and total debt of CN¥8.4B, which brings its debt-to-equity ratio to 94.5%. Its total assets and total liabilities are CN¥23.5B and CN¥14.6B respectively.
Key information
94.5%
Debt to equity ratio
CN¥8.43b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.29b |
| Equity | CN¥8.92b |
| Total liabilities | CN¥14.59b |
| Total assets | CN¥23.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002251's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥4.5B).
Long Term Liabilities: 002251's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥10.1B).
Debt to Equity History and Analysis
Debt Level: 002251's net debt to equity ratio (80%) is considered high.
Reducing Debt: 002251's debt to equity ratio has increased from 86.5% to 94.5% over the past 5 years.
Debt Coverage: 002251's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002251's interest payments on its debt are well covered by EBIT.