Hefei Department Store GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Department Store GroupLtd has a total shareholder equity of CN¥5.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are CN¥12.9B and CN¥7.1B respectively. Hefei Department Store GroupLtd's EBIT is CN¥260.7M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥1.9B.
Key information
18.7%
Debt to equity ratio
CN¥1.07b
Debt
Interest coverage ratio | -6.8x |
Cash | CN¥1.88b |
Equity | CN¥5.72b |
Total liabilities | CN¥7.14b |
Total assets | CN¥12.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000417's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 000417's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 000417 has more cash than its total debt.
Reducing Debt: 000417's debt to equity ratio has increased from 17% to 18.7% over the past 5 years.
Debt Coverage: 000417's debt is well covered by operating cash flow (55.5%).
Interest Coverage: 000417 earns more interest than it pays, so coverage of interest payments is not a concern.