Plus Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Plus Group Holdings has a total shareholder equity of CN¥508.2M and total debt of CN¥55.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥698.3M and CN¥190.1M respectively. Plus Group Holdings's EBIT is CN¥10.3M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥227.2M.
Key information
10.8%
Debt to equity ratio
CN¥55.00m
Debt
Interest coverage ratio | -6.6x |
Cash | CN¥227.23m |
Equity | CN¥508.18m |
Total liabilities | CN¥190.11m |
Total assets | CN¥698.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2486's short term assets (CN¥691.0M) exceed its short term liabilities (CN¥190.1M).
Long Term Liabilities: 2486's short term assets (CN¥691.0M) exceed its long term liabilities (CN¥5.0K).
Debt to Equity History and Analysis
Debt Level: 2486 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2486's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2486's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2486 earns more interest than it pays, so coverage of interest payments is not a concern.