Changbai Mountain Tourism Balance Sheet Health
Financial Health criteria checks 6/6
Changbai Mountain Tourism has a total shareholder equity of CN¥1.0B and total debt of CN¥66.7M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CN¥1.2B and CN¥170.2M respectively. Changbai Mountain Tourism's EBIT is CN¥206.6M making its interest coverage ratio 148.3. It has cash and short-term investments of CN¥142.9M.
Key information
6.4%
Debt to equity ratio
CN¥66.70m
Debt
| Interest coverage ratio | 148.3x |
| Cash | CN¥142.91m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥170.16m |
| Total assets | CN¥1.21b |
Recent financial health updates
Recent updates
Changbai Mountain Tourism Co., Ltd.'s (SHSE:603099) Intrinsic Value Is Potentially 23% Below Its Share Price
Jul 22
Changbai 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¥281.1M) exceed its short term liabilities (CN¥114.7M).
Long Term Liabilities: 603099's short term assets (CN¥281.1M) 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 11.3% to 6.4% over the past 5 years.
Debt Coverage: 603099's debt is well covered by operating cash flow (335.4%).
Interest Coverage: 603099's interest payments on its debt are well covered by EBIT (148.3x coverage).