China Bright Culture Group Financial Health
How is China Bright Culture Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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 27.4% 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.