Chinasoft International Balance Sheet Health
Financial Health criteria checks 6/6
Chinasoft International has a total shareholder equity of CN¥11.8B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CN¥17.1B and CN¥5.3B respectively. Chinasoft International's EBIT is CN¥492.0M making its interest coverage ratio 11.6. It has cash and short-term investments of CN¥4.7B.
Key information
25.6%
Debt to equity ratio
CN¥3.02b
Debt
Interest coverage ratio | 11.6x |
Cash | CN¥4.68b |
Equity | CN¥11.77b |
Total liabilities | CN¥5.30b |
Total assets | CN¥17.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 354's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 354's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 354 has more cash than its total debt.
Reducing Debt: 354's debt to equity ratio has reduced from 43% to 25.6% over the past 5 years.
Debt Coverage: 354's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 354's interest payments on its debt are well covered by EBIT (11.6x coverage).