Chongqing Department StoreLtd Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Department StoreLtd has a total shareholder equity of CN¥7.3B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are CN¥19.5B and CN¥12.2B respectively. Chongqing Department StoreLtd's EBIT is CN¥722.0M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥4.5B.
Key information
34.3%
Debt to equity ratio
CN¥2.50b
Debt
Interest coverage ratio | -1.2x |
Cash | CN¥4.45b |
Equity | CN¥7.30b |
Total liabilities | CN¥12.16b |
Total assets | CN¥19.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600729's short term assets (CN¥7.9B) do not cover its short term liabilities (CN¥9.0B).
Long Term Liabilities: 600729's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 600729 has more cash than its total debt.
Reducing Debt: 600729's debt to equity ratio has increased from 3.7% to 34.3% over the past 5 years.
Debt Coverage: 600729's debt is well covered by operating cash flow (58.1%).
Interest Coverage: 600729 earns more interest than it pays, so coverage of interest payments is not a concern.