Readboy Education Holding Balance Sheet Health
Financial Health criteria checks 3/6
Readboy Education Holding has a total shareholder equity of CN¥494.1M and total debt of CN¥55.3M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥723.8M and CN¥229.7M respectively.
Key information
11.2%
Debt to equity ratio
CN¥55.31m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥366.63m |
| Equity | CN¥494.14m |
| Total liabilities | CN¥229.69m |
| Total assets | CN¥723.83m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2385's short term assets (CN¥615.9M) exceed its short term liabilities (CN¥210.2M).
Long Term Liabilities: 2385's short term assets (CN¥615.9M) exceed its long term liabilities (CN¥19.5M).
Debt to Equity History and Analysis
Debt Level: 2385 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2385's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2385's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2385's interest payments on its debt are well covered by EBIT.