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
No updates
Recent updates
Financial 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.