Deluxe Family Balance Sheet Health
Financial Health criteria checks 6/6
Deluxe Family has a total shareholder equity of CN¥3.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. 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 -3.4. It has cash and short-term investments of CN¥567.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.4x |
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 is debt free.
Reducing Debt: 600503 has no debt compared to 5 years ago when its debt to equity ratio was 24.5%.
Debt Coverage: 600503 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600503 has no debt, therefore coverage of interest payments is not a concern.