Many Idea Cloud Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Many Idea Cloud Holdings has a total shareholder equity of CN¥639.7M and total debt of CN¥65.7M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥918.7M and CN¥279.0M respectively. Many Idea Cloud Holdings's EBIT is CN¥15.7M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥16.9M.
Key information
10.3%
Debt to equity ratio
CN¥65.72m
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥16.87m |
| Equity | CN¥639.67m |
| Total liabilities | CN¥279.02m |
| Total assets | CN¥918.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6696's short term assets (CN¥719.1M) exceed its short term liabilities (CN¥276.5M).
Long Term Liabilities: 6696's short term assets (CN¥719.1M) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 6696's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6696's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6696's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6696's interest payments on its debt are well covered by EBIT (6.6x coverage).