Shanghai Chicmax Cosmetic Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Chicmax Cosmetic has a total shareholder equity of CN¥2.1B and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥3.5B and CN¥1.3B respectively. Shanghai Chicmax Cosmetic's EBIT is CN¥798.7M making its interest coverage ratio -486.4. It has cash and short-term investments of CN¥857.8M.
Key information
2.8%
Debt to equity ratio
CN¥60.00m
Debt
| Interest coverage ratio | -486.4x |
| Cash | CN¥857.76m |
| Equity | CN¥2.13b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥3.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2145's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2145's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥35.8M).
Debt to Equity History and Analysis
Debt Level: 2145 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2145's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2145's debt is well covered by operating cash flow (1319.6%).
Interest Coverage: 2145 earns more interest than it pays, so coverage of interest payments is not a concern.