Minsheng HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Minsheng HoldingsLtd has a total shareholder equity of CN¥885.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥905.6M and CN¥20.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥262.72m |
Equity | CN¥885.23m |
Total liabilities | CN¥20.38m |
Total assets | CN¥905.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000416's short term assets (CN¥691.1M) exceed its short term liabilities (CN¥16.2M).
Long Term Liabilities: 000416's short term assets (CN¥691.1M) exceed its long term liabilities (CN¥4.2M).
Debt to Equity History and Analysis
Debt Level: 000416 is debt free.
Reducing Debt: 000416 has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: 000416 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000416 has no debt, therefore coverage of interest payments is not a concern.