Maoye Commercial Balance Sheet Health
Financial Health criteria checks 1/6
Maoye Commercial has a total shareholder equity of CN¥7.6B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are CN¥19.9B and CN¥12.3B respectively. Maoye Commercial's EBIT is CN¥499.4M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥643.0M.
Key information
72.3%
Debt to equity ratio
CN¥5.49b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥643.02m |
| Equity | CN¥7.60b |
| Total liabilities | CN¥12.27b |
| Total assets | CN¥19.87b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600828's short term assets (CN¥2.6B) do not cover its short term liabilities (CN¥5.8B).
Long Term Liabilities: 600828's short term assets (CN¥2.6B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 600828's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 600828's debt to equity ratio has reduced from 77.7% to 72.3% over the past 5 years.
Debt Coverage: 600828's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 600828's interest payments on its debt are not well covered by EBIT (1.4x coverage).