Red phase Balance Sheet Health
Financial Health criteria checks 4/6
Red phase has a total shareholder equity of CN¥1.1B and total debt of CN¥734.6M, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are CN¥2.5B and CN¥1.3B respectively.
Key information
64.2%
Debt to equity ratio
CN¥734.65m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥565.34m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥2.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300427's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥834.2M).
Long Term Liabilities: 300427's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥485.2M).
Debt to Equity History and Analysis
Debt Level: 300427's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: 300427's debt to equity ratio has increased from 46.3% to 64.2% over the past 5 years.
Debt Coverage: 300427's debt is well covered by operating cash flow (44.9%).
Interest Coverage: Insufficient data to determine if 300427's interest payments on its debt are well covered by EBIT.