Caitong SecuritiesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Caitong SecuritiesLtd has a total shareholder equity of CN¥33.7B and total debt of CN¥66.0B, which brings its debt-to-equity ratio to 195.7%. Its total assets and total liabilities are CN¥129.8B and CN¥96.1B respectively.
Key information
195.7%
Debt to equity ratio
CN¥65.96b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥57.62b |
| Equity | CN¥33.70b |
| Total liabilities | CN¥96.08b |
| Total assets | CN¥129.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601108's short term assets (CN¥97.3B) exceed its short term liabilities (CN¥70.3B).
Long Term Liabilities: 601108's short term assets (CN¥97.3B) exceed its long term liabilities (CN¥25.8B).
Debt to Equity History and Analysis
Debt Level: 601108's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 601108's debt to equity ratio has increased from 119.9% to 195.7% over the past 5 years.
Debt Coverage: 601108's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601108's interest payments on its debt are well covered by EBIT.