Ingdan Balance Sheet Health
Financial Health criteria checks 4/6
Ingdan has a total shareholder equity of CN¥4.3B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are CN¥9.6B and CN¥5.3B respectively. Ingdan's EBIT is CN¥411.6M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥503.4M.
Key information
40.5%
Debt to equity ratio
CN¥1.73b
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥503.43m |
| Equity | CN¥4.26b |
| Total liabilities | CN¥5.33b |
| Total assets | CN¥9.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7C3's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 7C3's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥37.2M).
Debt to Equity History and Analysis
Debt Level: 7C3's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: 7C3's debt to equity ratio has increased from 22.4% to 40.5% over the past 5 years.
Debt Coverage: 7C3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7C3's interest payments on its debt are well covered by EBIT (4.2x coverage).