Panda Financial Holding Balance Sheet Health
Financial Health criteria checks 5/6
Panda Financial Holding has a total shareholder equity of CN¥606.9M and total debt of CN¥80.1M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥805.5M and CN¥198.5M respectively.
Key information
13.2%
Debt to equity ratio
CN¥80.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥399.60m |
| Equity | CN¥606.94m |
| Total liabilities | CN¥198.55m |
| Total assets | CN¥805.49m |
Financial Position Analysis
Short Term Liabilities: 600599's short term assets (CN¥779.4M) exceed its short term liabilities (CN¥195.8M).
Long Term Liabilities: 600599's short term assets (CN¥779.4M) exceed its long term liabilities (CN¥2.8M).
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 13.7% to 13.2% over the past 5 years.
Debt Coverage: 600599's debt is well covered by operating cash flow (329.5%).
Interest Coverage: Insufficient data to determine if 600599's interest payments on its debt are well covered by EBIT.