C&S PaperLtd Balance Sheet Health
Financial Health criteria checks 5/6
C&S PaperLtd has a total shareholder equity of CN¥5.6B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥9.8B and CN¥4.3B respectively. C&S PaperLtd's EBIT is CN¥297.3M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥3.0B.
Key information
29.1%
Debt to equity ratio
CN¥1.62b
Debt
Interest coverage ratio | -7.5x |
Cash | CN¥2.95b |
Equity | CN¥5.59b |
Total liabilities | CN¥4.25b |
Total assets | CN¥9.84b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002511's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002511's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥234.2M).
Debt to Equity History and Analysis
Debt Level: 002511 has more cash than its total debt.
Reducing Debt: 002511's debt to equity ratio has increased from 13.2% to 29.1% over the past 5 years.
Debt Coverage: 002511's debt is well covered by operating cash flow (55.9%).
Interest Coverage: 002511 earns more interest than it pays, so coverage of interest payments is not a concern.