Deluxe Family Balance Sheet Health
Financial Health criteria checks 5/6
Deluxe Family has a total shareholder equity of CN¥3.7B and total debt of CN¥200.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥4.3B and CN¥635.2M respectively. Deluxe Family's EBIT is CN¥75.0M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥771.3M.
Key information
5.4%
Debt to equity ratio
CN¥200.00m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥771.30m |
| Equity | CN¥3.69b |
| Total liabilities | CN¥635.19m |
| Total assets | CN¥4.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600503's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥421.5M).
Long Term Liabilities: 600503's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥213.7M).
Debt to Equity History and Analysis
Debt Level: 600503 has more cash than its total debt.
Reducing Debt: 600503's debt to equity ratio has reduced from 22.1% to 5.4% over the past 5 years.
Debt Coverage: 600503's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600503 earns more interest than it pays, so coverage of interest payments is not a concern.