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¥565.0M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are CN¥2.2B and CN¥1.1B respectively.
Key information
51.7%
Debt to equity ratio
CN¥564.96m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥372.95m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥2.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300427's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥642.4M).
Long Term Liabilities: 300427's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥468.7M).
Debt to Equity History and Analysis
Debt Level: 300427's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: 300427's debt to equity ratio has increased from 46.1% to 51.7% over the past 5 years.
Debt Coverage: 300427's debt is well covered by operating cash flow (53.9%).
Interest Coverage: Insufficient data to determine if 300427's interest payments on its debt are well covered by EBIT.