Minsheng Education Group Balance Sheet Health
Financial Health criteria checks 5/6
Minsheng Education Group has a total shareholder equity of CN¥6.0B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are CN¥11.4B and CN¥5.4B respectively. Minsheng Education Group's EBIT is CN¥517.9M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥3.3B.
Key information
32.2%
Debt to equity ratio
CN¥1.91b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥3.32b |
| Equity | CN¥5.95b |
| Total liabilities | CN¥5.42b |
| Total assets | CN¥11.37b |
Recent financial health updates
Minsheng Education Group (HKG:1569) Takes On Some Risk With Its Use Of Debt
Oct 10
Does Minsheng Education Group (HKG:1569) Have A Healthy Balance Sheet?
Apr 28Here's Why Minsheng Education Group (HKG:1569) Can Manage Its Debt Responsibly
May 08We Think Minsheng Education Group (HKG:1569) Can Stay On Top Of Its Debt
Dec 14
Recent updates
There May Be Reason For Hope In Minsheng Education Group's (HKG:1569) Disappointing Earnings
Apr 18Benign Growth For Minsheng Education Group Company Limited (HKG:1569) Underpins Stock's 26% Plummet
Apr 10We Like These Underlying Return On Capital Trends At Minsheng Education Group (HKG:1569)
Mar 19Minsheng Education Group Company Limited (HKG:1569) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 21We Like These Underlying Return On Capital Trends At Minsheng Education Group (HKG:1569)
Dec 09Minsheng Education Group (HKG:1569) Takes On Some Risk With Its Use Of Debt
Oct 10Revenue Downgrade: Here's What Analysts Forecast For Minsheng Education Group Company Limited (HKG:1569)
Aug 22Be Wary Of Minsheng Education Group (HKG:1569) And Its Returns On Capital
Aug 09Minsheng Education Group (HKG:1569) Is Increasing Its Dividend To CN¥0.0532
Jul 14Minsheng Education Group (HKG:1569) Will Pay A Larger Dividend Than Last Year At HK$0.053
Jun 14Minsheng Education Group's (HKG:1569) Dividend Will Be Increased To HK$0.053
May 30Minsheng Education Group (HKG:1569) Is Paying Out A Larger Dividend Than Last Year
May 02Does Minsheng Education Group (HKG:1569) Have A Healthy Balance Sheet?
Apr 28The Returns On Capital At Minsheng Education Group (HKG:1569) Don't Inspire Confidence
Dec 14What Is Minsheng Education Group Company Limited's (HKG:1569) Share Price Doing?
Sep 24What Does Minsheng Education Group Company Limited's (HKG:1569) Share Price Indicate?
Jun 14Minsheng Education Group's (HKG:1569) Returns On Capital Not Reflecting Well On The Business
Jun 02Here's Why Minsheng Education Group (HKG:1569) Can Manage Its Debt Responsibly
May 08New Forecasts: Here's What Analysts Think The Future Holds For Minsheng Education Group Company Limited (HKG:1569)
Mar 28Is Minsheng Education Group Company Limited's (HKG:1569) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 16Returns On Capital At Minsheng Education Group (HKG:1569) Paint An Interesting Picture
Mar 04Is Now An Opportune Moment To Examine Minsheng Education Group Company Limited (HKG:1569)?
Feb 20Is Minsheng Education Group Company Limited (HKG:1569) A Smart Choice For Dividend Investors?
Feb 09Here's Why I Think Minsheng Education Group (HKG:1569) Might Deserve Your Attention Today
Jan 28Xuechun Li Is The Executive Chairman of Minsheng Education Group Company Limited (HKG:1569) And Just Spent CN¥2.4m On Shares
Jan 16Would Shareholders Who Purchased Minsheng Education Group's (HKG:1569) Stock Three Years Be Happy With The Share price Today?
Jan 06What Does Minsheng Education Group's (HKG:1569) CEO Pay Reveal?
Dec 25We Think Minsheng Education Group (HKG:1569) Can Stay On Top Of Its Debt
Dec 14Is Minsheng Education Group Company Limited's (HKG:1569) Shareholder Ownership Skewed Towards Insiders?
Dec 04Should We Be Excited About The Trends Of Returns At Minsheng Education Group (HKG:1569)?
Nov 23Financial Position Analysis
Short Term Liabilities: 1569's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 1569's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 1569 has more cash than its total debt.
Reducing Debt: 1569's debt to equity ratio has increased from 6.5% to 32.2% over the past 5 years.
Debt Coverage: 1569's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 1569's interest payments on its debt are well covered by EBIT (5.6x coverage).