Nanning Department Store Balance Sheet Health
Financial Health criteria checks 2/6
Nanning Department Store has a total shareholder equity of CN¥834.0M and total debt of CN¥189.0M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥1.4B and CN¥570.7M respectively.
Key information
22.7%
Debt to equity ratio
CN¥188.96m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥83.43m |
| Equity | CN¥833.97m |
| Total liabilities | CN¥570.69m |
| Total assets | CN¥1.40b |
Recent financial health updates
Recent updates
Would Nanning Department Store (SHSE:600712) Be Better Off With Less Debt?
Dec 04
Subdued Growth No Barrier To Nanning Department Store Co., Ltd. (SHSE:600712) With Shares Advancing 39%
Oct 25Getting In Cheap On Nanning Department Store Co., Ltd. (SHSE:600712) Is Unlikely
Jul 03Additional Considerations Required While Assessing Nanning Department Store's (SHSE:600712) Strong Earnings
Apr 16Nanning Department Store Co., Ltd.'s (SHSE:600712) 26% Share Price Surge Not Quite Adding Up
Mar 08Financial Position Analysis
Short Term Liabilities: 600712's short term assets (CN¥274.1M) do not cover its short term liabilities (CN¥552.4M).
Long Term Liabilities: 600712's short term assets (CN¥274.1M) exceed its long term liabilities (CN¥18.3M).
Debt to Equity History and Analysis
Debt Level: 600712's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 600712's debt to equity ratio has increased from 21.5% to 22.7% over the past 5 years.
Debt Coverage: 600712's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600712's interest payments on its debt are well covered by EBIT.