China Bright Culture Group Balance Sheet Health
Financial Health criteria checks 5/6
China Bright Culture Group has a total shareholder equity of CN¥1.2B and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥1.6B and CN¥433.4M respectively.
Key information
4.1%
Debt to equity ratio
CN¥50.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥13.73m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥433.35m |
| Total assets | CN¥1.64b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1859's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥424.9M).
Long Term Liabilities: 1859's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥8.5M).
Debt to Equity History and Analysis
Debt Level: 1859's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 1859's debt to equity ratio has reduced from 27.5% to 4.1% over the past 5 years.
Debt Coverage: 1859's debt is well covered by operating cash flow (376.2%).
Interest Coverage: Insufficient data to determine if 1859's interest payments on its debt are well covered by EBIT.