Nanning Department Store Balance Sheet Health
Financial Health criteria checks 3/6
Nanning Department Store has a total shareholder equity of CN¥830.5M and total debt of CN¥188.6M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥1.5B and CN¥620.5M respectively.
Key information
22.7%
Debt to equity ratio
CN¥188.58m
Debt
Interest coverage ratio | n/a |
Cash | CN¥100.27m |
Equity | CN¥830.51m |
Total liabilities | CN¥620.53m |
Total assets | CN¥1.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600712's short term assets (CN¥316.2M) do not cover its short term liabilities (CN¥598.0M).
Long Term Liabilities: 600712's short term assets (CN¥316.2M) exceed its long term liabilities (CN¥22.6M).
Debt to Equity History and Analysis
Debt Level: 600712's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 600712's debt to equity ratio has reduced from 32.4% to 22.7% over the past 5 years.
Debt Coverage: 600712's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: Insufficient data to determine if 600712's interest payments on its debt are well covered by EBIT.