Ugreen Group Balance Sheet Health
Financial Health criteria checks 5/6
Ugreen Group has a total shareholder equity of CN¥1.8B and total debt of CN¥31.9M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥2.5B and CN¥676.8M respectively. Ugreen Group's EBIT is CN¥466.7M making its interest coverage ratio -72.5. It has cash and short-term investments of CN¥992.3M.
Key information
1.8%
Debt to equity ratio
CN¥31.89m
Debt
Interest coverage ratio | -72.5x |
Cash | CN¥992.31m |
Equity | CN¥1.78b |
Total liabilities | CN¥676.84m |
Total assets | CN¥2.45b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301606's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥572.3M).
Long Term Liabilities: 301606's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥104.6M).
Debt to Equity History and Analysis
Debt Level: 301606 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301606's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301606's debt is well covered by operating cash flow (543.8%).
Interest Coverage: 301606 earns more interest than it pays, so coverage of interest payments is not a concern.