Red Star Macalline Group Balance Sheet Health
Financial Health criteria checks 1/6
Red Star Macalline Group has a total shareholder equity of CN¥50.7B and total debt of CN¥27.5B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are CN¥118.7B and CN¥67.9B respectively. Red Star Macalline Group's EBIT is CN¥1.0B making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥4.3B.
Key information
54.1%
Debt to equity ratio
CN¥27.45b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥4.28b |
| Equity | CN¥50.74b |
| Total liabilities | CN¥67.92b |
| Total assets | CN¥118.67b |
Recent financial health updates
These 4 Measures Indicate That Red Star Macalline Group (HKG:1528) Is Using Debt Extensively
Oct 09
Red Star Macalline Group (HKG:1528) Has A Somewhat Strained Balance Sheet
Dec 15Here's Why Red Star Macalline Group (HKG:1528) Is Weighed Down By Its Debt Load
Aug 22These 4 Measures Indicate That Red Star Macalline Group (HKG:1528) Is Using Debt Extensively
May 13Red Star Macalline Group (HKG:1528) Has No Shortage Of Debt
Feb 02Recent updates
These 4 Measures Indicate That Red Star Macalline Group (HKG:1528) Is Using Debt Extensively
Oct 09Getting In Cheap On Red Star Macalline Group Corporation Ltd. (HKG:1528) Is Unlikely
Aug 30Red Star Macalline Group Corporation Ltd.'s (HKG:1528) Shares Climb 26% But Its Business Is Yet to Catch Up
May 22Take Care Before Diving Into The Deep End On Red Star Macalline Group Corporation Ltd. (HKG:1528)
Jan 23Red Star Macalline Group (HKG:1528) Has A Somewhat Strained Balance Sheet
Dec 15Is Red Star Macalline Group Corporation Ltd. (HKG:1528) Trading At A 43% Discount?
Oct 05Here's Why Red Star Macalline Group (HKG:1528) Is Weighed Down By Its Debt Load
Aug 22Should You Investigate Red Star Macalline Group Corporation Ltd. (HKG:1528) At HK$2.97?
Jun 09These 4 Measures Indicate That Red Star Macalline Group (HKG:1528) Is Using Debt Extensively
May 13A Look At The Fair Value Of Red Star Macalline Group Corporation Ltd. (HKG:1528)
Apr 07Should You Investigate Red Star Macalline Group Corporation Ltd. (HKG:1528) At HK$3.72?
Mar 02Red Star Macalline Group (HKG:1528) Has No Shortage Of Debt
Feb 02Does Red Star Macalline Group (HKG:1528) Have A Healthy Balance Sheet?
Oct 14Red Star Macalline Group (HKG:1528) Use Of Debt Could Be Considered Risky
Jul 14An Intrinsic Calculation For Red Star Macalline Group Corporation Ltd. (HKG:1528) Suggests It's 44% Undervalued
May 09Red Star Macalline Group (HKG:1528) Has No Shortage Of Debt
Apr 12Are Investors Undervaluing Red Star Macalline Group Corporation Ltd. (HKG:1528) By 38%?
Nov 01Red Star Macalline Group (HKG:1528) Has No Shortage Of Debt
Oct 06Red Star Macalline Group (HKG:1528) Use Of Debt Could Be Considered Risky
Jul 07Red Star Macalline Group (HKG:1528) Has A Somewhat Strained Balance Sheet
Mar 31A Look At Red Star Macalline Group's (HKG:1528) Share Price Returns
Mar 04Read This Before Buying Red Star Macalline Group Corporation Ltd. (HKG:1528) For Its Dividend
Feb 01
Should You Use Red Star Macalline Group's (HKG:1528) Statutory Earnings To Analyse It?
Jan 05Does Red Star Macalline Group (HKG:1528) Have A Healthy Balance Sheet?
Dec 18Red Star Macalline Group's(HKG:1528) Share Price Is Down 48% Over The Past Three Years.
Dec 03What Is Red Star Macalline Group Corporation Ltd.'s (HKG:1528) Share Price Doing?
Nov 18Financial Position Analysis
Short Term Liabilities: 1528's short term assets (CN¥10.2B) do not cover its short term liabilities (CN¥30.9B).
Long Term Liabilities: 1528's short term assets (CN¥10.2B) do not cover its long term liabilities (CN¥37.1B).
Debt to Equity History and Analysis
Debt Level: 1528's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: 1528's debt to equity ratio has reduced from 92.4% to 54.1% over the past 5 years.
Debt Coverage: 1528's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1528's interest payments on its debt are not well covered by EBIT (0.4x coverage).