Meituan Balance Sheet Health
Financial Health criteria checks 5/6
Meituan has a total shareholder equity of CN¥160.5B and total debt of CN¥37.5B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥285.6B and CN¥125.1B respectively. Meituan's EBIT is CN¥18.2B making its interest coverage ratio 64.7. It has cash and short-term investments of CN¥133.3B.
Key information
23.3%
Debt to equity ratio
CN¥37.47b
Debt
| Interest coverage ratio | 64.7x |
| Cash | CN¥133.25b |
| Equity | CN¥160.50b |
| Total liabilities | CN¥125.06b |
| Total assets | CN¥285.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9MDA's short term assets (CN¥170.3B) exceed its short term liabilities (CN¥94.3B).
Long Term Liabilities: 9MDA's short term assets (CN¥170.3B) exceed its long term liabilities (CN¥30.8B).
Debt to Equity History and Analysis
Debt Level: 9MDA has more cash than its total debt.
Reducing Debt: 9MDA's debt to equity ratio has increased from 4.5% to 23.3% over the past 5 years.
Debt Coverage: 9MDA's debt is well covered by operating cash flow (124.5%).
Interest Coverage: 9MDA's interest payments on its debt are well covered by EBIT (64.7x coverage).