361 Degrees International Balance Sheet Health
Financial Health criteria checks 6/6
361 Degrees International has a total shareholder equity of CN¥9.8B and total debt of CN¥328.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥13.4B and CN¥3.6B respectively. 361 Degrees International's EBIT is CN¥1.4B making its interest coverage ratio -24.6. It has cash and short-term investments of CN¥5.0B.
Key information
3.4%
Debt to equity ratio
CN¥328.51m
Debt
| Interest coverage ratio | -24.6x |
| Cash | CN¥5.01b |
| Equity | CN¥9.77b |
| Total liabilities | CN¥3.63b |
| Total assets | CN¥13.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 36L's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 36L's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥233.0M).
Debt to Equity History and Analysis
Debt Level: 36L has more cash than its total debt.
Reducing Debt: 36L's debt to equity ratio has reduced from 44% to 3.4% over the past 5 years.
Debt Coverage: 36L's debt is well covered by operating cash flow (172.2%).
Interest Coverage: 36L earns more interest than it pays, so coverage of interest payments is not a concern.