FuJian YanJing HuiQuan BreweryLtd Balance Sheet Health
Financial Health criteria checks 5/6
FuJian YanJing HuiQuan BreweryLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥67.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥1.7B and CN¥404.3M respectively. FuJian YanJing HuiQuan BreweryLtd's EBIT is CN¥33.9M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥1.3B.
Key information
5.1%
Debt to equity ratio
CN¥67.00m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥1.33b |
| Equity | CN¥1.32b |
| Total liabilities | CN¥404.31m |
| Total assets | CN¥1.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600573's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥402.2M).
Long Term Liabilities: 600573's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥2.1M).
Debt to Equity History and Analysis
Debt Level: 600573 has more cash than its total debt.
Reducing Debt: 600573's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: 600573's debt is well covered by operating cash flow (141.1%).
Interest Coverage: 600573 earns more interest than it pays, so coverage of interest payments is not a concern.