Ronshine Service Holding Balance Sheet Health
Financial Health criteria checks 6/6
Ronshine Service Holding has a total shareholder equity of CN¥712.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥585.6M respectively. Ronshine Service Holding's EBIT is CN¥15.6M making its interest coverage ratio -13.3. It has cash and short-term investments of CN¥751.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -13.3x |
| Cash | CN¥751.80m |
| Equity | CN¥712.40m |
| Total liabilities | CN¥585.64m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2207's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥583.3M).
Long Term Liabilities: 2207's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥2.3M).
Debt to Equity History and Analysis
Debt Level: 2207 is debt free.
Reducing Debt: 2207 has not had any debt for past 5 years.
Debt Coverage: 2207 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2207 has no debt, therefore coverage of interest payments is not a concern.