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 ratio | 0.6x |
Cash | CN¥7.68b |
Equity | CN¥9.84b |
Total liabilities | CN¥28.13b |
Total assets | CN¥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).