POCO Holding Balance Sheet Health
Financial Health criteria checks 6/6
POCO Holding has a total shareholder equity of CN¥2.0B and total debt of CN¥153.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CN¥2.6B and CN¥610.6M respectively. POCO Holding's EBIT is CN¥312.8M making its interest coverage ratio -120.7. It has cash and short-term investments of CN¥265.6M.
Key information
7.7%
Debt to equity ratio
CN¥153.59m
Debt
| Interest coverage ratio | -120.7x |
| Cash | CN¥265.60m |
| Equity | CN¥1.99b |
| Total liabilities | CN¥610.62m |
| Total assets | CN¥2.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300811's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥285.6M).
Long Term Liabilities: 300811's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥325.0M).
Debt to Equity History and Analysis
Debt Level: 300811 has more cash than its total debt.
Reducing Debt: 300811's debt to equity ratio has reduced from 16.5% to 7.7% over the past 5 years.
Debt Coverage: 300811's debt is well covered by operating cash flow (118%).
Interest Coverage: 300811 earns more interest than it pays, so coverage of interest payments is not a concern.