China General Education Group Balance Sheet Health
Financial Health criteria checks 5/6
China General Education Group has a total shareholder equity of CN¥1.8B and total debt of CN¥19.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥2.0B and CN¥228.9M respectively. China General Education Group's EBIT is CN¥97.8M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥823.3M.
Key information
1.1%
Debt to equity ratio
CN¥19.00m
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥823.32m |
| Equity | CN¥1.77b |
| Total liabilities | CN¥228.86m |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2175's short term assets (CN¥865.2M) exceed its short term liabilities (CN¥210.9M).
Long Term Liabilities: 2175's short term assets (CN¥865.2M) exceed its long term liabilities (CN¥18.0M).
Debt to Equity History and Analysis
Debt Level: 2175 has more cash than its total debt.
Reducing Debt: 2175's debt to equity ratio has increased from 0.1% to 1.1% over the past 5 years.
Debt Coverage: 2175's debt is well covered by operating cash flow (663.8%).
Interest Coverage: 2175 earns more interest than it pays, so coverage of interest payments is not a concern.