Fosun Tourism Group Balance Sheet Health
Financial Health criteria checks 1/6
Fosun Tourism Group has a total shareholder equity of CN¥2.4B and total debt of CN¥11.7B, which brings its debt-to-equity ratio to 490.9%. Its total assets and total liabilities are CN¥38.6B and CN¥36.2B 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¥3.0B.
Key information
490.9%
Debt to equity ratio
CN¥11.69b
Debt
Interest coverage ratio | 1.4x |
Cash | CN¥3.04b |
Equity | CN¥2.38b |
Total liabilities | CN¥36.24b |
Total assets | CN¥38.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6T8's short term assets (CN¥8.6B) do not cover its short term liabilities (CN¥16.1B).
Long Term Liabilities: 6T8's short term assets (CN¥8.6B) do not cover its long term liabilities (CN¥20.1B).
Debt to Equity History and Analysis
Debt Level: 6T8's net debt to equity ratio (363%) is considered high.
Reducing Debt: 6T8's debt to equity ratio has increased from 71.5% to 490.9% over the past 5 years.
Debt Coverage: 6T8's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 6T8's interest payments on its debt are not well covered by EBIT (1.4x coverage).