Redco Healthy Living Balance Sheet Health
Financial Health criteria checks 3/6
Redco Healthy Living has a total shareholder equity of CN¥332.3M and total debt of CN¥12.7M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥594.0M and CN¥261.7M respectively.
Key information
3.8%
Debt to equity ratio
CN¥12.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥124.14m |
| Equity | CN¥332.31m |
| Total liabilities | CN¥261.70m |
| Total assets | CN¥594.01m |
Recent financial health updates
No updates
Recent updates
Redco Healthy Living Company Limited (HKG:2370) Doing What It Can To Lift Shares
Nov 04
Redco Healthy Living's (HKG:2370) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 05Calculating The Fair Value Of Redco Healthy Living Company Limited (HKG:2370)
Sep 01Why Investors Shouldn't Be Surprised By Redco Healthy Living Company Limited's (HKG:2370) 31% Share Price Surge
Jul 15Financial Position Analysis
Short Term Liabilities: 2370's short term assets (CN¥448.0M) exceed its short term liabilities (CN¥250.4M).
Long Term Liabilities: 2370's short term assets (CN¥448.0M) exceed its long term liabilities (CN¥11.3M).
Debt to Equity History and Analysis
Debt Level: 2370 has more cash than its total debt.
Reducing Debt: 2370's debt to equity ratio has increased from 0% to 3.8% over the past 5 years.
Debt Coverage: 2370's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2370's interest payments on its debt are well covered by EBIT.