Chongqing Department StoreLtd Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Department StoreLtd has a total shareholder equity of CN¥7.2B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥19.3B and CN¥12.1B respectively. Chongqing Department StoreLtd's EBIT is CN¥495.8M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥4.8B.
Key information
32.0%
Debt to equity ratio
CN¥2.31b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥4.80b |
| Equity | CN¥7.21b |
| Total liabilities | CN¥12.14b |
| Total assets | CN¥19.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600729's short term assets (CN¥7.7B) do not cover its short term liabilities (CN¥9.0B).
Long Term Liabilities: 600729's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 600729 has more cash than its total debt.
Reducing Debt: 600729's debt to equity ratio has increased from 5.4% to 32% over the past 5 years.
Debt Coverage: 600729's debt is well covered by operating cash flow (58.6%).
Interest Coverage: 600729 earns more interest than it pays, so coverage of interest payments is not a concern.