Mao Geping Cosmetics Balance Sheet Health
Financial Health criteria checks 6/6
Mao Geping Cosmetics has a total shareholder equity of CN¥1.0B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CN¥1.8B and CN¥791.5M respectively. Mao Geping Cosmetics's EBIT is CN¥1.0B making its interest coverage ratio -76.3. It has cash and short-term investments of CN¥552.9M.
Key information
9.6%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -76.3x |
| Cash | CN¥552.90m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥791.46m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1318's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥762.8M).
Long Term Liabilities: 1318's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥28.7M).
Debt to Equity History and Analysis
Debt Level: 1318 has more cash than its total debt.
Reducing Debt: 1318's debt to equity ratio has reduced from 11.6% to 9.6% over the past 5 years.
Debt Coverage: 1318's debt is well covered by operating cash flow (972.7%).
Interest Coverage: 1318 earns more interest than it pays, so coverage of interest payments is not a concern.