361 Degrees International Balance Sheet Health
Financial Health criteria checks 6/6
361 Degrees International has a total shareholder equity of CN¥9.7B and total debt of CN¥292.5M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥13.1B and CN¥3.3B respectively. 361 Degrees International's EBIT is CN¥1.3B making its interest coverage ratio -20.7. It has cash and short-term investments of CN¥5.2B.
Key information
3.0%
Debt to equity ratio
CN¥292.49m
Debt
Interest coverage ratio | -20.7x |
Cash | CN¥5.20b |
Equity | CN¥9.72b |
Total liabilities | CN¥3.34b |
Total assets | CN¥13.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1361's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 1361's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥254.0M).
Debt to Equity History and Analysis
Debt Level: 1361 has more cash than its total debt.
Reducing Debt: 1361's debt to equity ratio has reduced from 48% to 3% over the past 5 years.
Debt Coverage: 1361's debt is well covered by operating cash flow (139.4%).
Interest Coverage: 1361 earns more interest than it pays, so coverage of interest payments is not a concern.