MINISO Group Holding Balance Sheet Health
Financial Health criteria checks 5/6
MINISO Group Holding has a total shareholder equity of CN¥9.1B and total debt of CN¥7.1M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥14.9B and CN¥5.8B respectively. MINISO Group Holding's EBIT is CN¥3.3B making its interest coverage ratio -14.4. It has cash and short-term investments of CN¥7.3B.
Key information
0.08%
Debt to equity ratio
CN¥7.12m
Debt
Interest coverage ratio | -14.4x |
Cash | CN¥7.26b |
Equity | CN¥9.10b |
Total liabilities | CN¥5.81b |
Total assets | CN¥14.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIF0's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: MIF0's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥963.8M).
Debt to Equity History and Analysis
Debt Level: MIF0 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MIF0's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MIF0's debt is well covered by operating cash flow (30816.8%).
Interest Coverage: MIF0 earns more interest than it pays, so coverage of interest payments is not a concern.