Shenzhen Easttop Supply Chain Management Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Easttop Supply Chain Management has a total shareholder equity of CN¥2.3B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are CN¥4.7B and CN¥2.4B respectively. Shenzhen Easttop Supply Chain Management's EBIT is CN¥178.4M making its interest coverage ratio 90.5. It has cash and short-term investments of CN¥2.5B.
Key information
93.9%
Debt to equity ratio
CN¥2.14b
Debt
| Interest coverage ratio | 90.5x |
| Cash | CN¥2.53b |
| Equity | CN¥2.28b |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥4.69b |
Financial Position Analysis
Short Term Liabilities: 002889's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002889's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥12.7M).
Debt to Equity History and Analysis
Debt Level: 002889 has more cash than its total debt.
Reducing Debt: 002889's debt to equity ratio has reduced from 143.7% to 93.9% over the past 5 years.
Debt Coverage: 002889's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 002889's interest payments on its debt are well covered by EBIT (90.5x coverage).