Sun Art Retail Group Balance Sheet Health
Financial Health criteria checks 4/6
Sun Art Retail Group has a total shareholder equity of CN¥21.8B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥62.0B and CN¥40.2B respectively. Sun Art Retail Group's EBIT is CN¥19.0M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥15.5B.
Key information
13.7%
Debt to equity ratio
CN¥2.98b
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥15.48b |
| Equity | CN¥21.80b |
| Total liabilities | CN¥40.20b |
| Total assets | CN¥62.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRI's short term assets (CN¥32.5B) do not cover its short term liabilities (CN¥34.9B).
Long Term Liabilities: SRI's short term assets (CN¥32.5B) exceed its long term liabilities (CN¥5.3B).
Debt to Equity History and Analysis
Debt Level: SRI has more cash than its total debt.
Reducing Debt: SRI's debt to equity ratio has increased from 0% to 13.7% over the past 5 years.
Debt Coverage: SRI's debt is well covered by operating cash flow (31%).
Interest Coverage: SRI earns more interest than it pays, so coverage of interest payments is not a concern.