China Ruyi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Ruyi Holdings has a total shareholder equity of CN¥11.0B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥16.7B and CN¥5.6B respectively. China Ruyi Holdings's EBIT is CN¥795.5M making its interest coverage ratio 159.4. It has cash and short-term investments of CN¥680.7M.
Key information
15.9%
Debt to equity ratio
CN¥1.76b
Debt
Interest coverage ratio | 159.4x |
Cash | CN¥680.74m |
Equity | CN¥11.04b |
Total liabilities | CN¥5.65b |
Total assets | CN¥16.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4Z81's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 4Z81's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 4Z81's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 4Z81's debt to equity ratio has increased from 5% to 15.9% over the past 5 years.
Debt Coverage: 4Z81's debt is well covered by operating cash flow (30.9%).
Interest Coverage: 4Z81's interest payments on its debt are well covered by EBIT (159.4x coverage).