Eastern Pioneer Driving School Balance Sheet Health
Financial Health criteria checks 1/6
Eastern Pioneer Driving School has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are CN¥4.7B and CN¥2.7B respectively.
Key information
56.7%
Debt to equity ratio
CN¥1.12b
Debt
Interest coverage ratio | n/a |
Cash | CN¥82.14m |
Equity | CN¥1.98b |
Total liabilities | CN¥2.71b |
Total assets | CN¥4.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603377's short term assets (CN¥695.1M) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603377's short term assets (CN¥695.1M) do not cover its long term liabilities (CN¥980.0M).
Debt to Equity History and Analysis
Debt Level: 603377's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 603377's debt to equity ratio has increased from 37.9% to 56.7% over the past 5 years.
Debt Coverage: 603377's debt is well covered by operating cash flow (25.4%).
Interest Coverage: Insufficient data to determine if 603377's interest payments on its debt are well covered by EBIT.