Meituan Balance Sheet Health
Financial Health criteria checks 6/6
Meituan has a total shareholder equity of CN¥142.0B and total debt of CN¥54.0B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are CN¥266.0B and CN¥124.0B respectively. Meituan's EBIT is CN¥5.0B making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥120.2B.
Key information
38.0%
Debt to equity ratio
CN¥53.95b
Debt
Interest coverage ratio | 6.1x |
Cash | CN¥120.19b |
Equity | CN¥142.04b |
Total liabilities | CN¥123.97b |
Total assets | CN¥266.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3690 N's short term assets (CN¥153.1B) exceed its short term liabilities (CN¥84.4B).
Long Term Liabilities: 3690 N's short term assets (CN¥153.1B) exceed its long term liabilities (CN¥39.6B).
Debt to Equity History and Analysis
Debt Level: 3690 N has more cash than its total debt.
Reducing Debt: 3690 N had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 3690 N's debt is well covered by operating cash flow (60%).
Interest Coverage: 3690 N's interest payments on its debt are well covered by EBIT (6.1x coverage).