Minth Group Balance Sheet Health
Financial Health criteria checks 5/6
Minth Group has a total shareholder equity of CN¥18.1B and total debt of CN¥10.4B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥35.4B and CN¥17.3B respectively. Minth Group's EBIT is CN¥1.8B making its interest coverage ratio 36.8. It has cash and short-term investments of CN¥4.5B.
Key information
57.5%
Debt to equity ratio
CN¥10.41b
Debt
| Interest coverage ratio | 36.8x |
| Cash | CN¥4.47b |
| Equity | CN¥18.10b |
| Total liabilities | CN¥17.34b |
| Total assets | CN¥35.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNTH.F's short term assets (CN¥16.5B) exceed its short term liabilities (CN¥13.9B).
Long Term Liabilities: MNTH.F's short term assets (CN¥16.5B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: MNTH.F's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: MNTH.F's debt to equity ratio has increased from 32.3% to 57.5% over the past 5 years.
Debt Coverage: MNTH.F's debt is well covered by operating cash flow (29.7%).
Interest Coverage: MNTH.F's interest payments on its debt are well covered by EBIT (36.8x coverage).