Minth Group Balance Sheet Health
Financial Health criteria checks 5/6
Minth Group has a total shareholder equity of CN¥20.2B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥38.6B and CN¥18.4B respectively. Minth Group's EBIT is CN¥2.2B making its interest coverage ratio 10.9. It has cash and short-term investments of CN¥6.0B.
Key information
46.6%
Debt to equity ratio
CN¥9.39b
Debt
| Interest coverage ratio | 10.9x |
| Cash | CN¥6.03b |
| Equity | CN¥20.16b |
| Total liabilities | CN¥18.42b |
| Total assets | CN¥38.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3I0's short term assets (CN¥18.0B) exceed its short term liabilities (CN¥14.3B).
Long Term Liabilities: M3I0's short term assets (CN¥18.0B) exceed its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: M3I0's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: M3I0's debt to equity ratio has increased from 27.7% to 46.6% over the past 5 years.
Debt Coverage: M3I0's debt is well covered by operating cash flow (37.3%).
Interest Coverage: M3I0's interest payments on its debt are well covered by EBIT (10.9x coverage).