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¥40.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥1.6B and CN¥306.1M respectively. FuJian YanJing HuiQuan BreweryLtd's EBIT is CN¥26.3M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥1.1B.
Key information
3.2%
Debt to equity ratio
CN¥40.00m
Debt
Interest coverage ratio | -0.7x |
Cash | CN¥1.14b |
Equity | CN¥1.26b |
Total liabilities | CN¥306.06m |
Total assets | CN¥1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600573's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥304.0M).
Long Term Liabilities: 600573's short term assets (CN¥1.2B) 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 3.2% over the past 5 years.
Debt Coverage: 600573's debt is well covered by operating cash flow (241.1%).
Interest Coverage: 600573 earns more interest than it pays, so coverage of interest payments is not a concern.