Perfect Group Balance Sheet Health
Financial Health criteria checks 4/6
Perfect Group has a total shareholder equity of CN¥1.3B and total debt of CN¥518.8M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥2.1B and CN¥867.5M respectively. Perfect Group's EBIT is CN¥89.7M making its interest coverage ratio -29.1. It has cash and short-term investments of CN¥89.8M.
Key information
40.9%
Debt to equity ratio
CN¥518.75m
Debt
Interest coverage ratio | -29.1x |
Cash | CN¥89.77m |
Equity | CN¥1.27b |
Total liabilities | CN¥867.52m |
Total assets | CN¥2.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603059's short term assets (CN¥487.5M) do not cover its short term liabilities (CN¥655.4M).
Long Term Liabilities: 603059's short term assets (CN¥487.5M) exceed its long term liabilities (CN¥212.1M).
Debt to Equity History and Analysis
Debt Level: 603059's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: 603059's debt to equity ratio has increased from 0.7% to 40.9% over the past 5 years.
Debt Coverage: 603059's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 603059 earns more interest than it pays, so coverage of interest payments is not a concern.