China Education Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Education Group Holdings has a total shareholder equity of CN¥18.3B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are CN¥35.8B and CN¥17.5B respectively. China Education Group Holdings's EBIT is CN¥2.2B making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥6.1B.
Key information
47.0%
Debt to equity ratio
CN¥8.61b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥6.09b |
| Equity | CN¥18.30b |
| Total liabilities | CN¥17.45b |
| Total assets | CN¥35.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEGH.F's short term assets (CN¥7.0B) do not cover its short term liabilities (CN¥8.2B).
Long Term Liabilities: CEGH.F's short term assets (CN¥7.0B) do not cover its long term liabilities (CN¥9.2B).
Debt to Equity History and Analysis
Debt Level: CEGH.F's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: CEGH.F's debt to equity ratio has increased from 3.7% to 47% over the past 5 years.
Debt Coverage: CEGH.F's debt is well covered by operating cash flow (44.7%).
Interest Coverage: CEGH.F's interest payments on its debt are well covered by EBIT (5.6x coverage).