Xinjiang Sayram Modern Agriculture Balance Sheet Health
Financial Health criteria checks 1/6
Xinjiang Sayram Modern Agriculture has a total shareholder equity of CN¥766.3M and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 240.2%. Its total assets and total liabilities are CN¥3.2B and CN¥2.4B respectively.
Key information
240.2%
Debt to equity ratio
CN¥1.84b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.11b |
| Equity | CN¥766.34m |
| Total liabilities | CN¥2.43b |
| Total assets | CN¥3.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600540's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 600540's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥119.6M).
Debt to Equity History and Analysis
Debt Level: 600540's net debt to equity ratio (95.6%) is considered high.
Reducing Debt: 600540's debt to equity ratio has increased from 128.6% to 240.2% over the past 5 years.
Debt Coverage: 600540's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600540's interest payments on its debt are well covered by EBIT.