Ninestar Balance Sheet Health
Financial Health criteria checks 5/6
Ninestar has a total shareholder equity of CN¥10.8B and total debt of CN¥12.4B, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are CN¥37.6B and CN¥26.8B respectively. Ninestar's EBIT is CN¥1.6B making its interest coverage ratio 3. It has cash and short-term investments of CN¥6.5B.
Key information
114.6%
Debt to equity ratio
CN¥12.35b
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥6.51b |
| Equity | CN¥10.78b |
| Total liabilities | CN¥26.85b |
| Total assets | CN¥37.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002180's short term assets (CN¥19.1B) exceed its short term liabilities (CN¥12.0B).
Long Term Liabilities: 002180's short term assets (CN¥19.1B) exceed its long term liabilities (CN¥14.8B).
Debt to Equity History and Analysis
Debt Level: 002180's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: 002180's debt to equity ratio has reduced from 141.2% to 114.6% over the past 5 years.
Debt Coverage: 002180's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 002180's interest payments on its debt are well covered by EBIT (3x coverage).