Eastroc Beverage(Group) Balance Sheet Health
Financial Health criteria checks 5/6
Eastroc Beverage(Group) has a total shareholder equity of CN¥7.0B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are CN¥15.8B and CN¥8.8B respectively. Eastroc Beverage(Group)'s EBIT is CN¥2.5B making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥8.6B.
Key information
52.9%
Debt to equity ratio
CN¥3.70b
Debt
Interest coverage ratio | -11.6x |
Cash | CN¥8.63b |
Equity | CN¥6.99b |
Total liabilities | CN¥8.83b |
Total assets | CN¥15.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605499's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: 605499's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥427.0M).
Debt to Equity History and Analysis
Debt Level: 605499 has more cash than its total debt.
Reducing Debt: 605499's debt to equity ratio has increased from 15% to 52.9% over the past 5 years.
Debt Coverage: 605499's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 605499 earns more interest than it pays, so coverage of interest payments is not a concern.