Shenzhen Pagoda Industrial (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Pagoda Industrial (Group) has a total shareholder equity of CN¥3.3B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are CN¥7.6B and CN¥4.3B respectively. Shenzhen Pagoda Industrial (Group)'s EBIT is CN¥372.4M making its interest coverage ratio 22.9. It has cash and short-term investments of CN¥2.3B.
Key information
56.8%
Debt to equity ratio
CN¥1.90b
Debt
| Interest coverage ratio | 22.9x |
| Cash | CN¥2.30b |
| Equity | CN¥3.34b |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥7.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2411's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 2411's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥736.3M).
Debt to Equity History and Analysis
Debt Level: 2411 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2411's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2411's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2411's interest payments on its debt are well covered by EBIT (22.9x coverage).