Nacity Property Service GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nacity Property Service GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥176.2M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥2.6B and CN¥1.4B respectively. Nacity Property Service GroupLtd's EBIT is CN¥107.5M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥982.9M.
Key information
14.7%
Debt to equity ratio
CN¥176.25m
Debt
Interest coverage ratio | -4.9x |
Cash | CN¥982.90m |
Equity | CN¥1.20b |
Total liabilities | CN¥1.40b |
Total assets | CN¥2.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603506's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603506's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥75.6M).
Debt to Equity History and Analysis
Debt Level: 603506 has more cash than its total debt.
Reducing Debt: 603506's debt to equity ratio has increased from 0% to 14.7% over the past 5 years.
Debt Coverage: 603506's debt is well covered by operating cash flow (47%).
Interest Coverage: 603506 earns more interest than it pays, so coverage of interest payments is not a concern.