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Neoglory prosperity Balance Sheet Health
Financial Health criteria checks 1/6
Key information
1,075.4%
Debt to equity ratio
CN¥3.01b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥296.66m |
| Equity | CN¥280.21m |
| Total liabilities | CN¥8.31b |
| Total assets | CN¥8.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002147's short term assets (CN¥4.1B) do not cover its short term liabilities (CN¥5.8B).
Long Term Liabilities: 002147's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 002147's net debt to equity ratio (969.5%) is considered high.
Reducing Debt: 002147's debt to equity ratio has increased from 66.5% to 1075.4% over the past 5 years.
Debt Coverage: 002147's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 002147's interest payments on its debt are not well covered by EBIT (1.8x coverage).