Chongqing Department StoreLtd Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Department StoreLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are CN¥14.1B and CN¥9.4B respectively. Chongqing Department StoreLtd's EBIT is CN¥770.1M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥3.5B.
Key information
33.1%
Debt to equity ratio
CN¥1.55b
Debt
Interest coverage ratio | -1.3x |
Cash | CN¥3.49b |
Equity | CN¥4.69b |
Total liabilities | CN¥9.38b |
Total assets | CN¥14.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600729's short term assets (CN¥4.8B) do not cover its short term liabilities (CN¥7.5B).
Long Term Liabilities: 600729's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥1.9B).
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 7% to 33.1% over the past 5 years.
Debt Coverage: 600729's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 600729 earns more interest than it pays, so coverage of interest payments is not a concern.