Three Squirrels Balance Sheet Health
Financial Health criteria checks 6/6
Three Squirrels has a total shareholder equity of CN¥2.8B and total debt of CN¥312.1M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CN¥4.6B and CN¥1.8B respectively. Three Squirrels's EBIT is CN¥324.0M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥414.1M.
Key information
11.1%
Debt to equity ratio
CN¥312.06m
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥414.13m |
| Equity | CN¥2.80b |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥4.59b |
Recent financial health updates
We Think Three Squirrels (SZSE:300783) Can Manage Its Debt With Ease
Oct 16
Does Three Squirrels (SZSE:300783) Have A Healthy Balance Sheet?
Mar 01Recent updates
Subdued Growth No Barrier To Three Squirrels Inc. (SZSE:300783) With Shares Advancing 41%
Nov 11Three Squirrels' (SZSE:300783) Earnings Are Weaker Than They Seem
Nov 04We Think Three Squirrels (SZSE:300783) Can Manage Its Debt With Ease
Oct 16The Market Lifts Three Squirrels Inc. (SZSE:300783) Shares 29% But It Can Do More
Sep 27Three Squirrels Inc.'s (SZSE:300783) Earnings Are Not Doing Enough For Some Investors
Jul 02The Returns On Capital At Three Squirrels (SZSE:300783) Don't Inspire Confidence
Jun 04Three Squirrels' (SZSE:300783) Profits May Not Reveal Underlying Issues
Apr 01Upgrade: Analysts Just Made A Captivating Increase To Their Three Squirrels Inc. (SZSE:300783) Forecasts
Mar 28Three Squirrels Inc.'s (SZSE:300783) 29% Price Boost Is Out Of Tune With Earnings
Mar 08Does Three Squirrels (SZSE:300783) Have A Healthy Balance Sheet?
Mar 01Financial Position Analysis
Short Term Liabilities: 300783's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300783's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥257.5M).
Debt to Equity History and Analysis
Debt Level: 300783 has more cash than its total debt.
Reducing Debt: 300783's debt to equity ratio has reduced from 12.8% to 11.1% over the past 5 years.
Debt Coverage: 300783's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 300783 earns more interest than it pays, so coverage of interest payments is not a concern.