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¥39.8M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥4.0B and CN¥1.8B respectively. COFCO Technology & Industry's EBIT is CN¥220.5M making its interest coverage ratio -13.9. It has cash and short-term investments of CN¥1.5B.
Key information
1.8%
Debt to equity ratio
CN¥39.84m
Debt
| Interest coverage ratio | -13.9x |
| Cash | CN¥1.51b |
| Equity | CN¥2.17b |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥3.96b |
Recent financial health updates
Recent updates
COFCO Technology & Industry (SZSE:301058) Seems To Use Debt Rather Sparingly
Aug 22
COFCO 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¥3.3B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 301058's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥53.8M).
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 1.8% over the past 5 years.
Debt Coverage: 301058's debt is well covered by operating cash flow (1058.8%).
Interest Coverage: 301058 earns more interest than it pays, so coverage of interest payments is not a concern.