Orient International Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Orient International Enterprise has a total shareholder equity of CN¥7.6B and total debt of CN¥385.3M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥17.2B and CN¥9.6B respectively. Orient International Enterprise's EBIT is CN¥468.3M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥4.7B.
Key information
5.1%
Debt to equity ratio
CN¥385.31m
Debt
Interest coverage ratio | -5.6x |
Cash | CN¥4.74b |
Equity | CN¥7.56b |
Total liabilities | CN¥9.63b |
Total assets | CN¥17.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600278's short term assets (CN¥13.4B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 600278's short term assets (CN¥13.4B) exceed its long term liabilities (CN¥473.7M).
Debt to Equity History and Analysis
Debt Level: 600278 has more cash than its total debt.
Reducing Debt: 600278's debt to equity ratio has reduced from 7.4% to 5.1% over the past 5 years.
Debt Coverage: 600278's debt is well covered by operating cash flow (288.5%).
Interest Coverage: 600278 earns more interest than it pays, so coverage of interest payments is not a concern.