Meitu Balance Sheet Health
Financial Health criteria checks 5/6
Meitu has a total shareholder equity of CN¥4.5B and total debt of CN¥229.2M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥6.4B and CN¥1.9B respectively. Meitu's EBIT is CN¥442.0M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥1.3B.
Key information
5.1%
Debt to equity ratio
CN¥229.21m
Debt
| Interest coverage ratio | -10.5x |
| Cash | CN¥1.26b |
| Equity | CN¥4.46b |
| Total liabilities | CN¥1.94b |
| Total assets | CN¥6.40b |
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¥1.7B).
Long Term Liabilities: M5U's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥248.3M).
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 5.1% over the past 5 years.
Debt Coverage: M5U's debt is well covered by operating cash flow (233.2%).
Interest Coverage: M5U earns more interest than it pays, so coverage of interest payments is not a concern.