China Quanjude(Group)Ltd Balance Sheet Health
Financial Health criteria checks 4/6
China Quanjude(Group)Ltd has a total shareholder equity of CN¥840.8M and total debt of CN¥192.8M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥1.5B and CN¥662.7M respectively. China Quanjude(Group)Ltd's EBIT is CN¥33.6M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥138.1M.
Key information
22.9%
Debt to equity ratio
CN¥192.85m
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥138.08m |
Equity | CN¥840.79m |
Total liabilities | CN¥662.67m |
Total assets | CN¥1.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002186's short term assets (CN¥324.8M) do not cover its short term liabilities (CN¥486.9M).
Long Term Liabilities: 002186's short term assets (CN¥324.8M) exceed its long term liabilities (CN¥175.8M).
Debt to Equity History and Analysis
Debt Level: 002186's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 002186's debt to equity ratio has increased from 0.3% to 22.9% over the past 5 years.
Debt Coverage: 002186's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 002186 earns more interest than it pays, so coverage of interest payments is not a concern.