Fosun Tourism Group Balance Sheet Health
Financial Health criteria checks 1/6
Fosun Tourism Group has a total shareholder equity of CN¥2.6B and total debt of CN¥12.9B, which brings its debt-to-equity ratio to 486.4%. Its total assets and total liabilities are CN¥37.4B and CN¥34.8B respectively. Fosun Tourism Group's EBIT is CN¥1.7B making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥3.5B.
Key information
486.4%
Debt to equity ratio
CN¥12.86b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥3.54b |
| Equity | CN¥2.64b |
| Total liabilities | CN¥34.80b |
| Total assets | CN¥37.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6T8's short term assets (CN¥8.7B) do not cover its short term liabilities (CN¥14.1B).
Long Term Liabilities: 6T8's short term assets (CN¥8.7B) do not cover its long term liabilities (CN¥20.7B).
Debt to Equity History and Analysis
Debt Level: 6T8's net debt to equity ratio (352.5%) is considered high.
Reducing Debt: 6T8's debt to equity ratio has increased from 68.7% to 486.4% over the past 5 years.
Debt Coverage: 6T8's debt is well covered by operating cash flow (29.5%).
Interest Coverage: 6T8's interest payments on its debt are not well covered by EBIT (1.4x coverage).