COFCO Capital Holdings Balance Sheet Health
Financial Health criteria checks 3/6
COFCO Capital Holdings has a total shareholder equity of CN¥27.9B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥132.4B and CN¥104.5B respectively. COFCO Capital Holdings's EBIT is CN¥1.6B making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥37.0B.
Key information
24.1%
Debt to equity ratio
CN¥6.73b
Debt
Interest coverage ratio | 2.8x |
Cash | CN¥37.04b |
Equity | CN¥27.90b |
Total liabilities | CN¥104.46b |
Total assets | CN¥132.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002423's short term assets (CN¥60.3B) exceed its short term liabilities (CN¥38.2B).
Long Term Liabilities: 002423's short term assets (CN¥60.3B) do not cover its long term liabilities (CN¥66.3B).
Debt to Equity History and Analysis
Debt Level: 002423 has more cash than its total debt.
Reducing Debt: 002423's debt to equity ratio has increased from 13% to 24.1% over the past 5 years.
Debt Coverage: 002423's debt is well covered by operating cash flow (136.3%).
Interest Coverage: 002423's interest payments on its debt are not well covered by EBIT (2.8x coverage).