Changbai Mountain Tourism Balance Sheet Health
Financial Health criteria checks 6/6
Changbai Mountain Tourism has a total shareholder equity of CN¥1.2B and total debt of CN¥68.6M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.4B and CN¥213.5M respectively. Changbai Mountain Tourism's EBIT is CN¥191.8M making its interest coverage ratio -305.2. It has cash and short-term investments of CN¥294.5M.
Key information
5.9%
Debt to equity ratio
CN¥68.56m
Debt
| Interest coverage ratio | -305.2x |
| Cash | CN¥294.55m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥213.45m |
| Total assets | CN¥1.38b |
Recent financial health updates
Does Changbai Mountain Tourism (SHSE:603099) Have A Healthy Balance Sheet?
Oct 18
We Think Changbai Mountain Tourism (SHSE:603099) Can Stay On Top Of Its Debt
May 21Recent updates
Investors Will Want Changbai Mountain Tourism's (SHSE:603099) Growth In ROCE To Persist
Nov 17Earnings Tell The Story For Changbai Mountain Tourism Co., Ltd. (SHSE:603099) As Its Stock Soars 35%
Oct 21Does Changbai Mountain Tourism (SHSE:603099) Have A Healthy Balance Sheet?
Oct 18Do Changbai Mountain Tourism's (SHSE:603099) Earnings Warrant Your Attention?
Sep 30Changbai Mountain Tourism Co., Ltd.'s (SHSE:603099) Intrinsic Value Is Potentially 23% Below Its Share Price
Jul 22Changbai Mountain Tourism (SHSE:603099) Is Experiencing Growth In Returns On Capital
Jul 03What Changbai Mountain Tourism Co., Ltd.'s (SHSE:603099) P/S Is Not Telling You
Jun 11We Think Changbai Mountain Tourism (SHSE:603099) Can Stay On Top Of Its Debt
May 21Financial Position Analysis
Short Term Liabilities: 603099's short term assets (CN¥427.4M) exceed its short term liabilities (CN¥157.9M).
Long Term Liabilities: 603099's short term assets (CN¥427.4M) exceed its long term liabilities (CN¥55.5M).
Debt to Equity History and Analysis
Debt Level: 603099 has more cash than its total debt.
Reducing Debt: 603099's debt to equity ratio has reduced from 10.7% to 5.9% over the past 5 years.
Debt Coverage: 603099's debt is well covered by operating cash flow (321.9%).
Interest Coverage: 603099 earns more interest than it pays, so coverage of interest payments is not a concern.