Royal GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Royal GroupLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 124.5%. Its total assets and total liabilities are CN¥5.2B and CN¥3.5B respectively.
Key information
124.5%
Debt to equity ratio
CN¥2.19b
Debt
Interest coverage ratio | n/a |
Cash | CN¥445.54m |
Equity | CN¥1.76b |
Total liabilities | CN¥3.47b |
Total assets | CN¥5.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002329's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002329's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002329's net debt to equity ratio (99.1%) is considered high.
Reducing Debt: 002329's debt to equity ratio has increased from 67.5% to 124.5% over the past 5 years.
Debt Coverage: 002329's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: Insufficient data to determine if 002329's interest payments on its debt are well covered by EBIT.