Poly Culture Group Balance Sheet Health
Financial Health criteria checks 3/6
Poly Culture Group has a total shareholder equity of CN¥3.2B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 156.6%. Its total assets and total liabilities are CN¥12.0B and CN¥8.8B respectively. Poly Culture Group's EBIT is CN¥2.8M making its interest coverage ratio 0. It has cash and short-term investments of CN¥1.3B.
Key information
156.6%
Debt to equity ratio
CN¥5.07b
Debt
Interest coverage ratio | 0.02x |
Cash | CN¥1.28b |
Equity | CN¥3.24b |
Total liabilities | CN¥8.78b |
Total assets | CN¥12.02b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P4's short term assets (CN¥9.7B) exceed its short term liabilities (CN¥7.5B).
Long Term Liabilities: 0P4's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 0P4's net debt to equity ratio (117.1%) is considered high.
Reducing Debt: 0P4's debt to equity ratio has increased from 58% to 156.6% over the past 5 years.
Debt Coverage: 0P4's debt is well covered by operating cash flow (42.8%).
Interest Coverage: 0P4's interest payments on its debt are not well covered by EBIT (0x coverage).