Chinasoft International Balance Sheet Health
Financial Health criteria checks 6/6
Chinasoft International has a total shareholder equity of CN¥11.4B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are CN¥17.2B and CN¥5.8B respectively. Chinasoft International's EBIT is CN¥407.2M making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥2.9B.
Key information
31.6%
Debt to equity ratio
CN¥3.61b
Debt
| Interest coverage ratio | 6.9x |
| Cash | CN¥2.94b |
| Equity | CN¥11.40b |
| Total liabilities | CN¥5.80b |
| Total assets | CN¥17.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 354's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 354's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 354's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 354's debt to equity ratio has reduced from 50.6% to 31.6% over the past 5 years.
Debt Coverage: 354's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 354's interest payments on its debt are well covered by EBIT (6.9x coverage).