China Ruyi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Ruyi Holdings has a total shareholder equity of CN¥12.3B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥19.0B and CN¥6.7B respectively. China Ruyi Holdings's EBIT is CN¥2.3B making its interest coverage ratio -2034.5. It has cash and short-term investments of CN¥2.9B.
Key information
15.3%
Debt to equity ratio
CN¥1.88b
Debt
| Interest coverage ratio | -2034.5x |
| Cash | CN¥2.95b |
| Equity | CN¥12.28b |
| Total liabilities | CN¥6.72b |
| Total assets | CN¥19.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4Z81's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 4Z81's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 4Z81 has more cash than its total debt.
Reducing Debt: 4Z81's debt to equity ratio has increased from 4.8% to 15.3% over the past 5 years.
Debt Coverage: 4Z81's debt is well covered by operating cash flow (46%).
Interest Coverage: 4Z81 earns more interest than it pays, so coverage of interest payments is not a concern.