UTour Group Balance Sheet Health
Financial Health criteria checks 5/6
UTour Group has a total shareholder equity of CN¥547.1M and total debt of CN¥301.4M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are CN¥2.4B and CN¥1.8B respectively. UTour Group's EBIT is CN¥79.2M making its interest coverage ratio -86.8. It has cash and short-term investments of CN¥568.6M.
Key information
55.1%
Debt to equity ratio
CN¥301.40m
Debt
Interest coverage ratio | -86.8x |
Cash | CN¥568.57m |
Equity | CN¥547.11m |
Total liabilities | CN¥1.82b |
Total assets | CN¥2.37b |
Financial Position Analysis
Short Term Liabilities: 002707's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002707's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥9.2M).
Debt to Equity History and Analysis
Debt Level: 002707 has more cash than its total debt.
Reducing Debt: 002707's debt to equity ratio has reduced from 68% to 55.1% over the past 5 years.
Debt Coverage: 002707's debt is well covered by operating cash flow (126.4%).
Interest Coverage: 002707 earns more interest than it pays, so coverage of interest payments is not a concern.