Panda Financial Holding Balance Sheet Health
Financial Health criteria checks 6/6
Panda Financial Holding has a total shareholder equity of CN¥833.7M and total debt of CN¥80.1M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CN¥1.0B and CN¥182.1M respectively. Panda Financial Holding's EBIT is CN¥80.2M making its interest coverage ratio 21.6. It has cash and short-term investments of CN¥369.9M.
Key information
9.6%
Debt to equity ratio
CN¥80.08m
Debt
| Interest coverage ratio | 21.6x |
| Cash | CN¥369.92m |
| Equity | CN¥833.73m |
| Total liabilities | CN¥182.13m |
| Total assets | CN¥1.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600599's short term assets (CN¥992.8M) exceed its short term liabilities (CN¥179.7M).
Long Term Liabilities: 600599's short term assets (CN¥992.8M) exceed its long term liabilities (CN¥2.4M).
Debt to Equity History and Analysis
Debt Level: 600599 has more cash than its total debt.
Reducing Debt: 600599's debt to equity ratio has reduced from 21.1% to 9.6% over the past 5 years.
Debt Coverage: 600599's debt is well covered by operating cash flow (283%).
Interest Coverage: 600599's interest payments on its debt are well covered by EBIT (21.6x coverage).