Xinjiang Talimu Agriculture Development Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Talimu Agriculture Development has a total shareholder equity of CN¥703.5M and total debt of CN¥353.8M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CN¥1.3B and CN¥635.2M respectively. Xinjiang Talimu Agriculture Development's EBIT is CN¥21.7M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥383.1M.
Key information
50.3%
Debt to equity ratio
CN¥353.84m
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥383.07m |
| Equity | CN¥703.50m |
| Total liabilities | CN¥635.24m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
Xinjiang Talimu Agriculture Development (SHSE:600359) Posted Weak Earnings But There Is More To Worry About
Nov 06
Xinjiang Talimu Agriculture Development's (SHSE:600359) Earnings Seem To Be Promising
May 06Some Shareholders Feeling Restless Over Xinjiang Talimu Agriculture Development Co., Ltd.'s (SHSE:600359) P/E Ratio
Apr 17Financial Position Analysis
Short Term Liabilities: 600359's short term assets (CN¥833.4M) exceed its short term liabilities (CN¥587.1M).
Long Term Liabilities: 600359's short term assets (CN¥833.4M) exceed its long term liabilities (CN¥48.1M).
Debt to Equity History and Analysis
Debt Level: 600359 has more cash than its total debt.
Reducing Debt: 600359's debt to equity ratio has reduced from 168.9% to 50.3% over the past 5 years.
Debt Coverage: 600359's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600359 earns more interest than it pays, so coverage of interest payments is not a concern.