RumereLtd Balance Sheet Health
Financial Health criteria checks 6/6
RumereLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.7B and CN¥76.7M respectively. RumereLtd's EBIT is CN¥115.7M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥1.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥1.51b |
Equity | CN¥2.60b |
Total liabilities | CN¥76.67m |
Total assets | CN¥2.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301088's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥71.5M).
Long Term Liabilities: 301088's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥5.2M).
Debt to Equity History and Analysis
Debt Level: 301088 is debt free.
Reducing Debt: 301088 has not had any debt for past 5 years.
Debt Coverage: 301088 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301088 has no debt, therefore coverage of interest payments is not a concern.