STO ExpressLtd Balance Sheet Health
Financial Health criteria checks 4/6
STO ExpressLtd has a total shareholder equity of CN¥9.0B and total debt of CN¥6.5B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are CN¥23.8B and CN¥14.8B respectively. STO ExpressLtd's EBIT is CN¥750.8M making its interest coverage ratio 14.6. It has cash and short-term investments of CN¥2.9B.
Key information
72.0%
Debt to equity ratio
CN¥6.48b
Debt
Interest coverage ratio | 14.6x |
Cash | CN¥2.92b |
Equity | CN¥9.00b |
Total liabilities | CN¥14.80b |
Total assets | CN¥23.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002468's short term assets (CN¥7.1B) do not cover its short term liabilities (CN¥10.9B).
Long Term Liabilities: 002468's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002468's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: 002468's debt to equity ratio has increased from 8.4% to 72% over the past 5 years.
Debt Coverage: 002468's debt is well covered by operating cash flow (54.5%).
Interest Coverage: 002468's interest payments on its debt are well covered by EBIT (14.6x coverage).