Ninestar Balance Sheet Health
Financial Health criteria checks 5/6
Ninestar has a total shareholder equity of CN¥9.7B and total debt of CN¥13.9B, which brings its debt-to-equity ratio to 142.8%. Its total assets and total liabilities are CN¥38.3B and CN¥28.6B respectively. Ninestar's EBIT is CN¥1.2B making its interest coverage ratio -17. It has cash and short-term investments of CN¥7.8B.
Key information
142.8%
Debt to equity ratio
CN¥13.88b
Debt
| Interest coverage ratio | -17x |
| Cash | CN¥7.79b |
| Equity | CN¥9.72b |
| Total liabilities | CN¥28.55b |
| Total assets | CN¥38.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002180's short term assets (CN¥19.9B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 002180's short term assets (CN¥19.9B) exceed its long term liabilities (CN¥16.9B).
Debt to Equity History and Analysis
Debt Level: 002180's net debt to equity ratio (62.6%) is considered high.
Reducing Debt: 002180's debt to equity ratio has reduced from 177.6% to 142.8% over the past 5 years.
Debt Coverage: 002180's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 002180 earns more interest than it pays, so coverage of interest payments is not a concern.