Ruichang International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ruichang International Holdings has a total shareholder equity of CN¥295.2M and total debt of CN¥121.8M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are CN¥695.6M and CN¥400.5M respectively. Ruichang International Holdings's EBIT is CN¥81.6M making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥52.9M.
Key information
41.3%
Debt to equity ratio
CN¥121.84m
Debt
Interest coverage ratio | 15.3x |
Cash | CN¥52.90m |
Equity | CN¥295.16m |
Total liabilities | CN¥400.48m |
Total assets | CN¥695.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1334's short term assets (CN¥568.1M) exceed its short term liabilities (CN¥359.1M).
Long Term Liabilities: 1334's short term assets (CN¥568.1M) exceed its long term liabilities (CN¥41.4M).
Debt to Equity History and Analysis
Debt Level: 1334's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1334's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1334's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 1334's interest payments on its debt are well covered by EBIT (15.3x coverage).