Ruida FuturesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ruida FuturesLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥810.6M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥14.2B and CN¥11.4B respectively.
Key information
29.3%
Debt to equity ratio
CN¥810.65m
Debt
Interest coverage ratio | n/a |
Cash | CN¥7.85b |
Equity | CN¥2.77b |
Total liabilities | CN¥11.44b |
Total assets | CN¥14.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002961's short term assets (CN¥13.2B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 002961's short term assets (CN¥13.2B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002961 has more cash than its total debt.
Reducing Debt: 002961's debt to equity ratio has increased from 22.5% to 29.3% over the past 5 years.
Debt Coverage: 002961's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: Insufficient data to determine if 002961's interest payments on its debt are well covered by EBIT.