Easyhome New Retail Group Balance Sheet Health
Financial Health criteria checks 2/6
Easyhome New Retail Group has a total shareholder equity of CN¥21.4B and total debt of CN¥7.7B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are CN¥53.2B and CN¥31.9B respectively. Easyhome New Retail Group's EBIT is CN¥2.0B making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥2.9B.
Key information
36.2%
Debt to equity ratio
CN¥7.74b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥2.90b |
Equity | CN¥21.36b |
Total liabilities | CN¥31.88b |
Total assets | CN¥53.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000785's short term assets (CN¥6.5B) do not cover its short term liabilities (CN¥10.0B).
Long Term Liabilities: 000785's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥21.8B).
Debt to Equity History and Analysis
Debt Level: 000785's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 000785's debt to equity ratio has increased from 21.6% to 36.2% over the past 5 years.
Debt Coverage: 000785's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 000785's interest payments on its debt are not well covered by EBIT (2.1x coverage).