Visual China GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Visual China GroupLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥116.1M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥4.2B and CN¥683.6M respectively. Visual China GroupLtd's EBIT is CN¥125.1M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥439.4M.
Key information
3.3%
Debt to equity ratio
CN¥116.08m
Debt
Interest coverage ratio | -4.3x |
Cash | CN¥439.43m |
Equity | CN¥3.51b |
Total liabilities | CN¥683.58m |
Total assets | CN¥4.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000681's short term assets (CN¥667.1M) exceed its short term liabilities (CN¥455.4M).
Long Term Liabilities: 000681's short term assets (CN¥667.1M) exceed its long term liabilities (CN¥228.2M).
Debt to Equity History and Analysis
Debt Level: 000681 has more cash than its total debt.
Reducing Debt: 000681's debt to equity ratio has reduced from 18% to 3.3% over the past 5 years.
Debt Coverage: 000681's debt is well covered by operating cash flow (156.1%).
Interest Coverage: 000681 earns more interest than it pays, so coverage of interest payments is not a concern.