Nanjing Xinjiekou Department Store Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Xinjiekou Department Store has a total shareholder equity of CN¥18.9B and total debt of CN¥785.4M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥26.0B and CN¥7.1B respectively. Nanjing Xinjiekou Department Store's EBIT is CN¥763.0M making its interest coverage ratio -19. It has cash and short-term investments of CN¥5.7B.
Key information
4.2%
Debt to equity ratio
CN¥785.35m
Debt
Interest coverage ratio | -19x |
Cash | CN¥5.73b |
Equity | CN¥18.87b |
Total liabilities | CN¥7.12b |
Total assets | CN¥25.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600682's short term assets (CN¥8.9B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 600682's short term assets (CN¥8.9B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 600682 has more cash than its total debt.
Reducing Debt: 600682's debt to equity ratio has reduced from 14.7% to 4.2% over the past 5 years.
Debt Coverage: 600682's debt is well covered by operating cash flow (101.6%).
Interest Coverage: 600682 earns more interest than it pays, so coverage of interest payments is not a concern.