People.cn Balance Sheet Health
Financial Health criteria checks 5/6
People.cn has a total shareholder equity of CN¥3.9B and total debt of CN¥106.1M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥5.1B and CN¥1.3B respectively. People.cn's EBIT is CN¥254.6M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥2.4B.
Key information
2.8%
Debt to equity ratio
CN¥106.06m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥2.45b |
| Equity | CN¥3.85b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603000's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603000's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥164.7M).
Debt to Equity History and Analysis
Debt Level: 603000 has more cash than its total debt.
Reducing Debt: 603000's debt to equity ratio has increased from 0% to 2.8% over the past 5 years.
Debt Coverage: 603000's debt is well covered by operating cash flow (384.3%).
Interest Coverage: 603000 earns more interest than it pays, so coverage of interest payments is not a concern.