Radiance Holdings (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Radiance Holdings (Group) has a total shareholder equity of CN¥33.5B and total debt of CN¥31.4B, which brings its debt-to-equity ratio to 93.7%. Its total assets and total liabilities are CN¥110.4B and CN¥76.9B respectively.
Key information
93.7%
Debt to equity ratio
CN¥31.40b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.18b |
| Equity | CN¥33.52b |
| Total liabilities | CN¥76.91b |
| Total assets | CN¥110.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDH's short term assets (CN¥79.6B) exceed its short term liabilities (CN¥55.4B).
Long Term Liabilities: RDH's short term assets (CN¥79.6B) exceed its long term liabilities (CN¥21.5B).
Debt to Equity History and Analysis
Debt Level: RDH's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: RDH's debt to equity ratio has reduced from 257.1% to 93.7% over the past 5 years.
Debt Coverage: RDH's debt is well covered by operating cash flow (20.6%).
Interest Coverage: Insufficient data to determine if RDH's interest payments on its debt are well covered by EBIT.