COFCO Technology & Industry Balance Sheet Health
Financial Health criteria checks 5/6
COFCO Technology & Industry has a total shareholder equity of CN¥2.2B and total debt of CN¥46.9M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥4.2B and CN¥2.0B respectively. COFCO Technology & Industry's EBIT is CN¥224.9M making its interest coverage ratio -13.9. It has cash and short-term investments of CN¥1.4B.
Key information
2.2%
Debt to equity ratio
CN¥46.89m
Debt
| Interest coverage ratio | -13.9x |
| Cash | CN¥1.42b |
| Equity | CN¥2.18b |
| Total liabilities | CN¥2.00b |
| Total assets | CN¥4.18b |
Recent financial health updates
Recent updates
COFCO Technology & Industry Co., Ltd.'s (SZSE:301058) Shares Not Telling The Full Story
Sep 28
We Like COFCO Technology & Industry's (SZSE:301058) Earnings For More Than Just Statutory Profit
Sep 05COFCO Technology & Industry (SZSE:301058) Seems To Use Debt Rather Sparingly
Aug 22COFCO Technology & Industry (SZSE:301058) Is Reducing Its Dividend To CN¥0.15
Jun 10COFCO Technology & Industry Co., Ltd. (SZSE:301058) Held Back By Insufficient Growth Even After Shares Climb 26%
May 13COFCO Technology & Industry Co., Ltd. (SZSE:301058) Analysts Just Trimmed Their Revenue Forecasts By 18%
Apr 25COFCO Technology & Industry Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Apr 23We Like These Underlying Return On Capital Trends At COFCO Technology & Industry (SZSE:301058)
Apr 18Financial Position Analysis
Short Term Liabilities: 301058's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 301058's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥59.4M).
Debt to Equity History and Analysis
Debt Level: 301058 has more cash than its total debt.
Reducing Debt: 301058's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: 301058's debt is well covered by operating cash flow (552.1%).
Interest Coverage: 301058 earns more interest than it pays, so coverage of interest payments is not a concern.