Xinjiang Tianrun Dairy Balance Sheet Health
Financial Health criteria checks 3/6
Xinjiang Tianrun Dairy has a total shareholder equity of CN¥2.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are CN¥5.7B and CN¥3.1B respectively. Xinjiang Tianrun Dairy's EBIT is CN¥166.0M making its interest coverage ratio 6.7. It has cash and short-term investments of CN¥558.0M.
Key information
59.4%
Debt to equity ratio
CN¥1.58b
Debt
Interest coverage ratio | 6.7x |
Cash | CN¥558.00m |
Equity | CN¥2.65b |
Total liabilities | CN¥3.08b |
Total assets | CN¥5.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600419's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 600419's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600419's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: 600419's debt to equity ratio has increased from 5.4% to 59.4% over the past 5 years.
Debt Coverage: 600419's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 600419's interest payments on its debt are well covered by EBIT (6.7x coverage).