Carote Balance Sheet Health
Financial Health criteria checks 5/6
Carote has a total shareholder equity of CN¥212.2M and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥795.2M and CN¥583.0M respectively. Carote's EBIT is CN¥294.6M making its interest coverage ratio -43.7. It has cash and short-term investments of CN¥340.0M.
Key information
2.4%
Debt to equity ratio
CN¥5.00m
Debt
| Interest coverage ratio | -43.7x |
| Cash | CN¥340.01m |
| Equity | CN¥212.21m |
| Total liabilities | CN¥582.97m |
| Total assets | CN¥795.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2549's short term assets (CN¥589.4M) exceed its short term liabilities (CN¥580.7M).
Long Term Liabilities: 2549's short term assets (CN¥589.4M) exceed its long term liabilities (CN¥2.2M).
Debt to Equity History and Analysis
Debt Level: 2549 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2549's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2549's debt is well covered by operating cash flow (7903.4%).
Interest Coverage: 2549 earns more interest than it pays, so coverage of interest payments is not a concern.