Eastroc Beverage(Group) Balance Sheet Health
Financial Health criteria checks 4/6
Eastroc Beverage(Group) has a total shareholder equity of CN¥7.0B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are CN¥19.9B and CN¥12.9B respectively. Eastroc Beverage(Group)'s EBIT is CN¥3.6B making its interest coverage ratio -14.6. It has cash and short-term investments of CN¥9.5B.
Key information
97.3%
Debt to equity ratio
CN¥6.84b
Debt
| Interest coverage ratio | -14.6x |
| Cash | CN¥9.45b |
| Equity | CN¥7.02b |
| Total liabilities | CN¥12.89b |
| Total assets | CN¥19.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605499's short term assets (CN¥10.7B) do not cover its short term liabilities (CN¥12.8B).
Long Term Liabilities: 605499's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥125.1M).
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 12.9% to 97.3% over the past 5 years.
Debt Coverage: 605499's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 605499 earns more interest than it pays, so coverage of interest payments is not a concern.