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¥786.1M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥25.8B and CN¥6.9B respectively. Nanjing Xinjiekou Department Store's EBIT is CN¥606.7M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥5.8B.
Key information
4.2%
Debt to equity ratio
CN¥786.11m
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥5.77b |
| Equity | CN¥18.86b |
| Total liabilities | CN¥6.91b |
| Total assets | CN¥25.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600682's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 600682's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥983.4M).
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 11.5% to 4.2% over the past 5 years.
Debt Coverage: 600682's debt is well covered by operating cash flow (119.5%).
Interest Coverage: 600682 earns more interest than it pays, so coverage of interest payments is not a concern.