China East Education Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China East Education Holdings has a total shareholder equity of CN¥5.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥9.3B and CN¥3.7B respectively. China East Education Holdings's EBIT is CN¥324.7M making its interest coverage ratio 8.5. It has cash and short-term investments of CN¥3.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | 8.5x |
Cash | CN¥3.43b |
Equity | CN¥5.61b |
Total liabilities | CN¥3.68b |
Total assets | CN¥9.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 667's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 667's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 667 is debt free.
Reducing Debt: 667 had no debt 5 years ago.
Debt Coverage: 667 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 667 has no debt, therefore coverage of interest payments is not a concern.