Chongqing Brewery Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Brewery has a total shareholder equity of CN¥4.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥13.0B and CN¥8.5B respectively. Chongqing Brewery's EBIT is CN¥3.4B making its interest coverage ratio -25.8. It has cash and short-term investments of CN¥3.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -25.8x |
Cash | CN¥3.85b |
Equity | CN¥4.55b |
Total liabilities | CN¥8.48b |
Total assets | CN¥13.03b |
Recent financial health updates
Recent updates
Earnings Beat: Chongqing Brewery Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 01Chongqing Brewery (SHSE:600132) Seems To Use Debt Rather Sparingly
Apr 30Why Chongqing Brewery's (SHSE:600132) Earnings Are Better Than They Seem
Apr 05There's No Escaping Chongqing Brewery Co., Ltd.'s (SHSE:600132) Muted Earnings
Feb 28Financial Position Analysis
Short Term Liabilities: 600132's short term assets (CN¥5.9B) do not cover its short term liabilities (CN¥7.9B).
Long Term Liabilities: 600132's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥541.0M).
Debt to Equity History and Analysis
Debt Level: 600132 is debt free.
Reducing Debt: 600132 has no debt compared to 5 years ago when its debt to equity ratio was 19.2%.
Debt Coverage: 600132 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600132 has no debt, therefore coverage of interest payments is not a concern.