Three Squirrels Balance Sheet Health
Financial Health criteria checks 5/6
Three Squirrels has a total shareholder equity of CN¥2.8B and total debt of CN¥529.8M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are CN¥4.8B and CN¥2.0B respectively. Three Squirrels's EBIT is CN¥241.7M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥968.5M.
Key information
18.7%
Debt to equity ratio
CN¥529.84m
Debt
Interest coverage ratio | -5.2x |
Cash | CN¥968.46m |
Equity | CN¥2.83b |
Total liabilities | CN¥1.96b |
Total assets | CN¥4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300783's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300783's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥270.3M).
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 increased from 18.4% to 18.7% over the past 5 years.
Debt Coverage: 300783's debt is well covered by operating cash flow (60.4%).
Interest Coverage: 300783 earns more interest than it pays, so coverage of interest payments is not a concern.