Redco Healthy Living Balance Sheet Health
Financial Health criteria checks 5/6
Redco Healthy Living has a total shareholder equity of CN¥342.5M and total debt of CN¥16.2M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CN¥529.6M and CN¥187.1M respectively. Redco Healthy Living's EBIT is CN¥55.3M making its interest coverage ratio 76.7. It has cash and short-term investments of CN¥230.9M.
Key information
4.7%
Debt to equity ratio
CN¥16.19m
Debt
| Interest coverage ratio | 76.7x |
| Cash | CN¥230.95m |
| Equity | CN¥342.54m |
| Total liabilities | CN¥187.06m |
| Total assets | CN¥529.60m |
Recent financial health updates
No updates
Recent updates
Redco Healthy Living's (HKG:2370) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 05
Calculating 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¥416.8M) exceed its short term liabilities (CN¥174.7M).
Long Term Liabilities: 2370's short term assets (CN¥416.8M) exceed its long term liabilities (CN¥12.4M).
Debt to Equity History and Analysis
Debt Level: 2370 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2370's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2370's debt is well covered by operating cash flow (89.3%).
Interest Coverage: 2370's interest payments on its debt are well covered by EBIT (76.7x coverage).