Changjiu Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Changjiu Holdings has a total shareholder equity of CN¥141.9M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are CN¥335.9M and CN¥194.0M respectively. Changjiu Holdings's EBIT is CN¥119.9M making its interest coverage ratio 46.1. It has cash and short-term investments of CN¥134.8M.
Key information
14.1%
Debt to equity ratio
CN¥20.00m
Debt
Interest coverage ratio | 46.1x |
Cash | CN¥134.80m |
Equity | CN¥141.91m |
Total liabilities | CN¥194.00m |
Total assets | CN¥335.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6959's short term assets (CN¥317.4M) exceed its short term liabilities (CN¥193.9M).
Long Term Liabilities: 6959's short term assets (CN¥317.4M) exceed its long term liabilities (CN¥83.0K).
Debt to Equity History and Analysis
Debt Level: 6959 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6959's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6959's debt is well covered by operating cash flow (352%).
Interest Coverage: 6959's interest payments on its debt are well covered by EBIT (46.1x coverage).