51 Credit Card Balance Sheet Health
Financial Health criteria checks 6/6
51 Credit Card has a total shareholder equity of CN¥762.2M and total debt of CN¥78.7M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥1.1B and CN¥333.0M respectively. 51 Credit Card's EBIT is CN¥64.8M making its interest coverage ratio -33.8. It has cash and short-term investments of CN¥306.9M.
Key information
10.3%
Debt to equity ratio
CN¥78.66m
Debt
| Interest coverage ratio | -33.8x |
| Cash | CN¥306.88m |
| Equity | CN¥762.18m |
| Total liabilities | CN¥333.00m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2JY's short term assets (CN¥778.4M) exceed its short term liabilities (CN¥306.6M).
Long Term Liabilities: 2JY's short term assets (CN¥778.4M) exceed its long term liabilities (CN¥26.4M).
Debt to Equity History and Analysis
Debt Level: 2JY has more cash than its total debt.
Reducing Debt: 2JY's debt to equity ratio has reduced from 13.3% to 10.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2JY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2JY has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 20.8% each year