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¥60.0M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CN¥1.7B and CN¥381.9M respectively. FuJian YanJing HuiQuan BreweryLtd's EBIT is CN¥26.1M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥1.2B.
Key information
4.7%
Debt to equity ratio
CN¥60.00m
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥1.24b |
| Equity | CN¥1.27b |
| Total liabilities | CN¥381.94m |
| Total assets | CN¥1.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600573's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥379.8M).
Long Term Liabilities: 600573's short term assets (CN¥1.3B) 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 4.7% over the past 5 years.
Debt Coverage: 600573's debt is well covered by operating cash flow (131.5%).
Interest Coverage: 600573 earns more interest than it pays, so coverage of interest payments is not a concern.