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¥485.1K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥4.1B and CN¥362.7M respectively. Deluxe Family's EBIT is CN¥113.4M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥567.7M.
Key information
0.01%
Debt to equity ratio
CN¥485.13k
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥567.73m |
| Equity | CN¥3.71b |
| Total liabilities | CN¥362.72m |
| Total assets | CN¥4.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600503's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥345.0M).
Long Term Liabilities: 600503's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥17.7M).
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 24.5% to 0.01% 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.