Topsports International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Topsports International Holdings has a total shareholder equity of CN¥9.5B and total debt of CN¥950.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥14.9B and CN¥5.4B respectively. Topsports International Holdings's EBIT is CN¥2.3B making its interest coverage ratio 106.9. It has cash and short-term investments of CN¥2.8B.
Key information
10.0%
Debt to equity ratio
CN¥950.00m
Debt
| Interest coverage ratio | 106.9x |
| Cash | CN¥2.84b |
| Equity | CN¥9.51b |
| Total liabilities | CN¥5.41b |
| Total assets | CN¥14.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6110's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 6110's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 6110 has more cash than its total debt.
Reducing Debt: 6110's debt to equity ratio has reduced from 156.2% to 10% over the past 5 years.
Debt Coverage: 6110's debt is well covered by operating cash flow (336%).
Interest Coverage: 6110's interest payments on its debt are well covered by EBIT (106.9x coverage).