V V Food & BeverageLtd Balance Sheet Health
Financial Health criteria checks 6/6
V V Food & BeverageLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥355.5M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥4.4B and CN¥1.0B respectively. V V Food & BeverageLtd's EBIT is CN¥349.2M making its interest coverage ratio 63.6. It has cash and short-term investments of CN¥520.5M.
Key information
10.6%
Debt to equity ratio
CN¥355.52m
Debt
| Interest coverage ratio | 63.6x |
| Cash | CN¥520.50m |
| Equity | CN¥3.35b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥4.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600300's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥878.0M).
Long Term Liabilities: 600300's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥162.6M).
Debt to Equity History and Analysis
Debt Level: 600300 has more cash than its total debt.
Reducing Debt: 600300's debt to equity ratio has reduced from 118.3% to 10.6% over the past 5 years.
Debt Coverage: 600300's debt is well covered by operating cash flow (121.6%).
Interest Coverage: 600300's interest payments on its debt are well covered by EBIT (63.6x coverage).