China Silver Group Balance Sheet Health
Financial Health criteria checks 3/6
China Silver Group has a total shareholder equity of CN¥1.2B and total debt of CN¥421.2M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are CN¥2.0B and CN¥784.9M respectively. China Silver Group's EBIT is CN¥8.5M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥524.7M.
Key information
34.0%
Debt to equity ratio
CN¥421.20m
Debt
Interest coverage ratio | 0.3x |
Cash | CN¥524.68m |
Equity | CN¥1.24b |
Total liabilities | CN¥784.95m |
Total assets | CN¥2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CS's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥779.3M).
Long Term Liabilities: 2CS's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥5.6M).
Debt to Equity History and Analysis
Debt Level: 2CS has more cash than its total debt.
Reducing Debt: 2CS's debt to equity ratio has increased from 2.4% to 34% over the past 5 years.
Debt Coverage: 2CS's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 2CS's interest payments on its debt are not well covered by EBIT (0.3x coverage).