MINISO Group Holding Balance Sheet Health
Financial Health criteria checks 5/6
MINISO Group Holding has a total shareholder equity of CN¥9.2B and total debt of CN¥7.3M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥14.5B and CN¥5.3B respectively. MINISO Group Holding's EBIT is CN¥3.1B making its interest coverage ratio -13.6. It has cash and short-term investments of CN¥6.9B.
Key information
0.08%
Debt to equity ratio
CN¥7.26m
Debt
| Interest coverage ratio | -13.6x |
| Cash | CN¥6.88b |
| Equity | CN¥9.19b |
| Total liabilities | CN¥5.29b |
| Total assets | CN¥14.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIF's short term assets (CN¥10.3B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: MIF's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥887.1M).
Debt to Equity History and Analysis
Debt Level: MIF has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MIF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MIF's debt is well covered by operating cash flow (30239.5%).
Interest Coverage: MIF earns more interest than it pays, so coverage of interest payments is not a concern.