Red Star Macalline Group Balance Sheet Health
Financial Health criteria checks 1/6
Red Star Macalline Group has a total shareholder equity of CN¥50.7B and total debt of CN¥27.5B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are CN¥118.7B and CN¥67.9B respectively. Red Star Macalline Group's EBIT is CN¥1.0B making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥4.3B.
Key information
54.1%
Debt to equity ratio
CN¥27.45b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥4.28b |
| Equity | CN¥50.74b |
| Total liabilities | CN¥67.92b |
| Total assets | CN¥118.67b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3S5's short term assets (CN¥10.2B) do not cover its short term liabilities (CN¥30.9B).
Long Term Liabilities: 3S5's short term assets (CN¥10.2B) do not cover its long term liabilities (CN¥37.1B).
Debt to Equity History and Analysis
Debt Level: 3S5's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: 3S5's debt to equity ratio has reduced from 92.4% to 54.1% over the past 5 years.
Debt Coverage: 3S5's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3S5's interest payments on its debt are not well covered by EBIT (0.4x coverage).