Meituan Balance Sheet Health
Financial Health criteria checks 5/6
Meituan has a total shareholder equity of CN¥152.0B and total debt of CN¥54.5B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥293.0B and CN¥141.1B respectively. Meituan's EBIT is CN¥9.0B making its interest coverage ratio 14.9. It has cash and short-term investments of CN¥145.2B.
Key information
35.9%
Debt to equity ratio
CN¥54.54b
Debt
Interest coverage ratio | 14.9x |
Cash | CN¥145.16b |
Equity | CN¥151.96b |
Total liabilities | CN¥141.07b |
Total assets | CN¥293.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPNG.F's short term assets (CN¥183.1B) exceed its short term liabilities (CN¥100.9B).
Long Term Liabilities: MPNG.F's short term assets (CN¥183.1B) exceed its long term liabilities (CN¥40.2B).
Debt to Equity History and Analysis
Debt Level: MPNG.F has more cash than its total debt.
Reducing Debt: MPNG.F's debt to equity ratio has increased from 2.6% to 35.9% over the past 5 years.
Debt Coverage: MPNG.F's debt is well covered by operating cash flow (74.3%).
Interest Coverage: MPNG.F's interest payments on its debt are well covered by EBIT (14.9x coverage).