China Sports Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
China Sports Industry Group has a total shareholder equity of CN¥3.3B and total debt of CN¥304.8M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CN¥7.4B and CN¥4.0B respectively. China Sports Industry Group's EBIT is CN¥15.7M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥2.5B.
Key information
9.1%
Debt to equity ratio
CN¥304.81m
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥2.54b |
Equity | CN¥3.33b |
Total liabilities | CN¥4.05b |
Total assets | CN¥7.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600158's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 600158's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥272.9M).
Debt to Equity History and Analysis
Debt Level: 600158 has more cash than its total debt.
Reducing Debt: 600158's debt to equity ratio has reduced from 9.8% to 9.1% over the past 5 years.
Debt Coverage: 600158's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600158 earns more interest than it pays, so coverage of interest payments is not a concern.