Maoye Commercial Balance Sheet Health
Financial Health criteria checks 2/6
Maoye Commercial has a total shareholder equity of CN¥7.7B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are CN¥18.9B and CN¥11.3B respectively. Maoye Commercial's EBIT is CN¥491.2M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥194.3M.
Key information
62.0%
Debt to equity ratio
CN¥4.75b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥194.31m |
| Equity | CN¥7.66b |
| Total liabilities | CN¥11.28b |
| Total assets | CN¥18.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600828's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥4.9B).
Long Term Liabilities: 600828's short term assets (CN¥2.0B) do not cover its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: 600828's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 600828's debt to equity ratio has reduced from 76.4% to 62% over the past 5 years.
Debt Coverage: 600828's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 600828's interest payments on its debt are not well covered by EBIT (1.5x coverage).