Hefei Department Store GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Department Store GroupLtd has a total shareholder equity of CN¥5.8B and total debt of CN¥790.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥12.7B and CN¥6.9B respectively. Hefei Department Store GroupLtd's EBIT is CN¥282.6M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥1.4B.
Key information
13.7%
Debt to equity ratio
CN¥790.02m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥1.42b |
| Equity | CN¥5.78b |
| Total liabilities | CN¥6.90b |
| Total assets | CN¥12.68b |
Recent financial health updates
Recent updates
Hefei Department Store GroupLtd's (SZSE:000417) Anemic Earnings Might Be Worse Than You Think
Nov 05
Hefei Department Store GroupLtd (SZSE:000417) Has A Pretty Healthy Balance Sheet
Sep 30Hefei Department Store GroupLtd (SZSE:000417) Is Paying Out A Larger Dividend Than Last Year
Jul 05Hefei Department Store GroupLtd's (SZSE:000417) Solid Profits Have Weak Fundamentals
May 06Financial Position Analysis
Short Term Liabilities: 000417's short term assets (CN¥4.8B) do not cover its short term liabilities (CN¥5.5B).
Long Term Liabilities: 000417's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥1.4B).
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 reduced from 16.2% to 13.7% over the past 5 years.
Debt Coverage: 000417's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 000417 earns more interest than it pays, so coverage of interest payments is not a concern.