OFILM Group Balance Sheet Health
Financial Health criteria checks 2/6
OFILM Group has a total shareholder equity of CN¥4.5B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are CN¥21.2B and CN¥16.8B respectively. OFILM Group's EBIT is CN¥615.9M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥1.7B.
Key information
107.6%
Debt to equity ratio
CN¥4.80b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥1.71b |
| Equity | CN¥4.46b |
| Total liabilities | CN¥16.78b |
| Total assets | CN¥21.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002456's short term assets (CN¥13.7B) do not cover its short term liabilities (CN¥14.3B).
Long Term Liabilities: 002456's short term assets (CN¥13.7B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 002456's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: 002456's debt to equity ratio has reduced from 149% to 107.6% over the past 5 years.
Debt Coverage: 002456's debt is not well covered by operating cash flow (0.01%).
Interest Coverage: 002456's interest payments on its debt are not well covered by EBIT (2.3x coverage).