China Resources Mixc Lifestyle Services Balance Sheet Health
Financial Health criteria checks 6/6
China Resources Mixc Lifestyle Services has a total shareholder equity of CN¥16.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥29.8B and CN¥12.9B respectively. China Resources Mixc Lifestyle Services's EBIT is CN¥3.9B making its interest coverage ratio -12.7. It has cash and short-term investments of CN¥13.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -12.7x |
| Cash | CN¥13.91b |
| Equity | CN¥16.87b |
| Total liabilities | CN¥12.93b |
| Total assets | CN¥29.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1209's short term assets (CN¥18.2B) exceed its short term liabilities (CN¥9.5B).
Long Term Liabilities: 1209's short term assets (CN¥18.2B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 1209 is debt free.
Reducing Debt: 1209 has no debt compared to 5 years ago when its debt to equity ratio was 10.4%.
Debt Coverage: 1209 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1209 has no debt, therefore coverage of interest payments is not a concern.