Caitong SecuritiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Caitong SecuritiesLtd has a total shareholder equity of CN¥35.7B and total debt of CN¥66.1B, which brings its debt-to-equity ratio to 185%. Its total assets and total liabilities are CN¥141.8B and CN¥106.1B respectively.
Key information
185.0%
Debt to equity ratio
CN¥66.06b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥82.84b |
| Equity | CN¥35.70b |
| Total liabilities | CN¥106.06b |
| Total assets | CN¥141.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601108's short term assets (CN¥107.5B) exceed its short term liabilities (CN¥60.9B).
Long Term Liabilities: 601108's short term assets (CN¥107.5B) exceed its long term liabilities (CN¥45.2B).
Debt to Equity History and Analysis
Debt Level: 601108 has more cash than its total debt.
Reducing Debt: 601108's debt to equity ratio has increased from 123.1% to 185% over the past 5 years.
Debt Coverage: 601108's debt is well covered by operating cash flow (20.2%).
Interest Coverage: Insufficient data to determine if 601108's interest payments on its debt are well covered by EBIT.