China Cyts Tours Holding Balance Sheet Health
Financial Health criteria checks 3/6
China Cyts Tours Holding has a total shareholder equity of CN¥8.3B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are CN¥16.7B and CN¥8.4B respectively. China Cyts Tours Holding's EBIT is CN¥553.7M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥1.1B.
Key information
56.9%
Debt to equity ratio
CN¥4.72b
Debt
Interest coverage ratio | 5.2x |
Cash | CN¥1.09b |
Equity | CN¥8.31b |
Total liabilities | CN¥8.37b |
Total assets | CN¥16.68b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600138's short term assets (CN¥5.9B) do not cover its short term liabilities (CN¥6.5B).
Long Term Liabilities: 600138's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 600138's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: 600138's debt to equity ratio has increased from 41.8% to 56.9% over the past 5 years.
Debt Coverage: 600138's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 600138's interest payments on its debt are well covered by EBIT (5.2x coverage).