Red Star Macalline Group Balance Sheet Health
Financial Health criteria checks 1/6
Red Star Macalline Group has a total shareholder equity of CN¥52.8B and total debt of CN¥35.1B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are CN¥121.1B and CN¥68.2B respectively. Red Star Macalline Group's EBIT is CN¥2.1B making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥3.5B.
Key information
66.4%
Debt to equity ratio
CN¥35.06b
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥3.54b |
Equity | CN¥52.82b |
Total liabilities | CN¥68.24b |
Total assets | CN¥121.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1528's short term assets (CN¥10.4B) do not cover its short term liabilities (CN¥28.6B).
Long Term Liabilities: 1528's short term assets (CN¥10.4B) do not cover its long term liabilities (CN¥39.6B).
Debt to Equity History and Analysis
Debt Level: 1528's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: 1528's debt to equity ratio has reduced from 82.1% to 66.4% over the past 5 years.
Debt Coverage: 1528's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 1528's interest payments on its debt are not well covered by EBIT (0.9x coverage).