COFCO Capital Holdings Balance Sheet Health
Financial Health criteria checks 4/6
COFCO Capital Holdings has a total shareholder equity of CN¥33.4B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CN¥154.9B and CN¥121.5B respectively. COFCO Capital Holdings's EBIT is CN¥2.9B making its interest coverage ratio 6.5. It has cash and short-term investments of CN¥36.3B.
Key information
29.6%
Debt to equity ratio
CN¥9.91b
Debt
| Interest coverage ratio | 6.5x |
| Cash | CN¥36.29b |
| Equity | CN¥33.43b |
| Total liabilities | CN¥121.49b |
| Total assets | CN¥154.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002423's short term assets (CN¥63.7B) exceed its short term liabilities (CN¥45.8B).
Long Term Liabilities: 002423's short term assets (CN¥63.7B) do not cover its long term liabilities (CN¥75.7B).
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 17% to 29.6% over the past 5 years.
Debt Coverage: 002423's debt is well covered by operating cash flow (155.7%).
Interest Coverage: 002423's interest payments on its debt are well covered by EBIT (6.5x coverage).