South China Vocational Education Group Balance Sheet Health
Financial Health criteria checks 5/6
South China Vocational Education Group has a total shareholder equity of CN¥1.7B and total debt of CN¥207.6M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥2.5B and CN¥814.5M respectively. South China Vocational Education Group's EBIT is CN¥43.0M making its interest coverage ratio 17.1. It has cash and short-term investments of CN¥423.5M.
Key information
12.6%
Debt to equity ratio
CN¥207.62m
Debt
| Interest coverage ratio | 17.1x |
| Cash | CN¥423.53m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥814.53m |
| Total assets | CN¥2.47b |
Recent financial health updates
No updates
Recent updates
South China Vocational Education Group (HKG:6913) Is Reinvesting At Lower Rates Of Return
Oct 31
Returns On Capital Signal Tricky Times Ahead For South China Vocational Education Group (HKG:6913)
May 03South China Vocational Education Group's (HKG:6913) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 05Financial Position Analysis
Short Term Liabilities: 6913's short term assets (CN¥497.1M) do not cover its short term liabilities (CN¥567.2M).
Long Term Liabilities: 6913's short term assets (CN¥497.1M) exceed its long term liabilities (CN¥247.3M).
Debt to Equity History and Analysis
Debt Level: 6913 has more cash than its total debt.
Reducing Debt: 6913's debt to equity ratio has reduced from 54.4% to 12.6% over the past 5 years.
Debt Coverage: 6913's debt is well covered by operating cash flow (129.2%).
Interest Coverage: 6913's interest payments on its debt are well covered by EBIT (17.1x coverage).