Ninestar Corporation

XSEC:002180 Stock Report

Market Cap: CN¥39.7b

Ninestar Balance Sheet Health

Financial Health criteria checks 4/6

Ninestar has a total shareholder equity of CN¥9.8B and total debt of CN¥14.0B, which brings its debt-to-equity ratio to 142%. Its total assets and total liabilities are CN¥38.0B and CN¥28.1B respectively. Ninestar's EBIT is CN¥386.9M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥7.7B.

Key information

142.0%

Debt to equity ratio

CN¥13.97b

Debt

Interest coverage ratio0.6x
CashCN¥7.68b
EquityCN¥9.84b
Total liabilitiesCN¥28.13b
Total assetsCN¥37.96b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002180's short term assets (CN¥19.6B) exceed its short term liabilities (CN¥10.7B).

Long Term Liabilities: 002180's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥17.4B).


Debt to Equity History and Analysis

Debt Level: 002180's net debt to equity ratio (64%) is considered high.

Reducing Debt: 002180's debt to equity ratio has reduced from 192% to 142% over the past 5 years.

Debt Coverage: 002180's debt is well covered by operating cash flow (23.8%).

Interest Coverage: 002180's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


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