China Education Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Education Group Holdings has a total shareholder equity of CN¥18.5B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are CN¥38.8B and CN¥20.3B respectively. China Education Group Holdings's EBIT is CN¥2.5B making its interest coverage ratio 6.7. It has cash and short-term investments of CN¥6.5B.
Key information
55.2%
Debt to equity ratio
CN¥10.24b
Debt
| Interest coverage ratio | 6.7x |
| Cash | CN¥6.53b |
| Equity | CN¥18.53b |
| Total liabilities | CN¥20.29b |
| Total assets | CN¥38.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 839's short term assets (CN¥7.8B) do not cover its short term liabilities (CN¥10.4B).
Long Term Liabilities: 839's short term assets (CN¥7.8B) do not cover its long term liabilities (CN¥9.9B).
Debt to Equity History and Analysis
Debt Level: 839's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 839's debt to equity ratio has reduced from 60.9% to 55.2% over the past 5 years.
Debt Coverage: 839's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 839's interest payments on its debt are well covered by EBIT (6.7x coverage).