China Art Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Art Financial Holdings has a total shareholder equity of CN¥1.1B and total debt of CN¥7.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.1B and CN¥27.2M respectively. China Art Financial Holdings's EBIT is CN¥20.9M making its interest coverage ratio 580.7. It has cash and short-term investments of CN¥695.8M.
Key information
0.6%
Debt to equity ratio
CN¥7.15m
Debt
| Interest coverage ratio | 580.7x |
| Cash | CN¥695.82m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥27.21m |
| Total assets | CN¥1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHFH.F's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥26.4M).
Long Term Liabilities: CHFH.F's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥811.0K).
Debt to Equity History and Analysis
Debt Level: CHFH.F has more cash than its total debt.
Reducing Debt: CHFH.F's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: CHFH.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHFH.F's interest payments on its debt are well covered by EBIT (580.7x coverage).