China Cyts Tours Holding Balance Sheet Health
Financial Health criteria checks 2/6
China Cyts Tours Holding has a total shareholder equity of CN¥8.5B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥17.2B and CN¥8.7B respectively. China Cyts Tours Holding's EBIT is CN¥520.3M making its interest coverage ratio 3.6. It has cash and short-term investments of CN¥1.2B.
Key information
65.9%
Debt to equity ratio
CN¥5.61b
Debt
| Interest coverage ratio | 3.6x |
| Cash | CN¥1.17b |
| Equity | CN¥8.52b |
| Total liabilities | CN¥8.67b |
| Total assets | CN¥17.19b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600138's short term assets (CN¥6.6B) do not cover its short term liabilities (CN¥7.2B).
Long Term Liabilities: 600138's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600138's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: 600138's debt to equity ratio has increased from 36.9% to 65.9% over the past 5 years.
Debt Coverage: 600138's debt is not well covered by operating cash flow (11%).
Interest Coverage: 600138's interest payments on its debt are well covered by EBIT (3.6x coverage).