Xinjiang GuannongLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang GuannongLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are CN¥7.3B and CN¥3.0B respectively. Xinjiang GuannongLtd's EBIT is CN¥422.4M making its interest coverage ratio -1. It has cash and short-term investments of CN¥1.8B.
Key information
51.0%
Debt to equity ratio
CN¥2.18b
Debt
Interest coverage ratio | -1x |
Cash | CN¥1.84b |
Equity | CN¥4.28b |
Total liabilities | CN¥3.02b |
Total assets | CN¥7.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600251's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600251's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥362.9M).
Debt to Equity History and Analysis
Debt Level: 600251's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: 600251's debt to equity ratio has reduced from 73.4% to 51% over the past 5 years.
Debt Coverage: 600251's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: 600251 earns more interest than it pays, so coverage of interest payments is not a concern.