Minth Group Balance Sheet Health
Financial Health criteria checks 5/6
Minth Group has a total shareholder equity of CN¥19.1B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are CN¥37.5B and CN¥18.4B respectively. Minth Group's EBIT is CN¥2.0B making its interest coverage ratio 12.3. It has cash and short-term investments of CN¥4.8B.
Key information
55.2%
Debt to equity ratio
CN¥10.56b
Debt
Interest coverage ratio | 12.3x |
Cash | CN¥4.75b |
Equity | CN¥19.14b |
Total liabilities | CN¥18.41b |
Total assets | CN¥37.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3I0's short term assets (CN¥17.5B) exceed its short term liabilities (CN¥14.1B).
Long Term Liabilities: M3I0's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥4.3B).
Debt to Equity History and Analysis
Debt Level: M3I0's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: M3I0's debt to equity ratio has increased from 30.5% to 55.2% over the past 5 years.
Debt Coverage: M3I0's debt is well covered by operating cash flow (29.3%).
Interest Coverage: M3I0's interest payments on its debt are well covered by EBIT (12.3x coverage).