Meitu Balance Sheet Health
Financial Health criteria checks 5/6
Meitu has a total shareholder equity of CN¥4.1B and total debt of CN¥149.6M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥5.8B and CN¥1.7B respectively. Meitu's EBIT is CN¥291.3M making its interest coverage ratio -7. It has cash and short-term investments of CN¥1.3B.
Key information
3.6%
Debt to equity ratio
CN¥149.55m
Debt
Interest coverage ratio | -7x |
Cash | CN¥1.31b |
Equity | CN¥4.11b |
Total liabilities | CN¥1.65b |
Total assets | CN¥5.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M5U's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: M5U's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥389.1M).
Debt to Equity History and Analysis
Debt Level: M5U has more cash than its total debt.
Reducing Debt: M5U's debt to equity ratio has increased from 0.3% to 3.6% over the past 5 years.
Debt Coverage: M5U's debt is well covered by operating cash flow (276.3%).
Interest Coverage: M5U earns more interest than it pays, so coverage of interest payments is not a concern.