MYS Group Balance Sheet Health
Financial Health criteria checks 5/6
MYS Group has a total shareholder equity of CN¥4.7B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are CN¥7.5B and CN¥2.8B respectively. MYS Group's EBIT is CN¥340.4M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.8B.
Key information
26.4%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥1.82b |
| Equity | CN¥4.67b |
| Total liabilities | CN¥2.80b |
| Total assets | CN¥7.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002303's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002303's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥367.3M).
Debt to Equity History and Analysis
Debt Level: 002303 has more cash than its total debt.
Reducing Debt: 002303's debt to equity ratio has increased from 9.5% to 26.4% over the past 5 years.
Debt Coverage: 002303's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 002303 earns more interest than it pays, so coverage of interest payments is not a concern.