Cofco Sugar HoldingLTD Balance Sheet Health
Financial Health criteria checks 6/6
Cofco Sugar HoldingLTD has a total shareholder equity of CN¥11.3B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥19.4B and CN¥8.1B respectively. Cofco Sugar HoldingLTD's EBIT is CN¥2.5B making its interest coverage ratio 21.3. It has cash and short-term investments of CN¥2.5B.
Key information
23.3%
Debt to equity ratio
CN¥2.62b
Debt
| Interest coverage ratio | 21.3x |
| Cash | CN¥2.46b |
| Equity | CN¥11.26b |
| Total liabilities | CN¥8.10b |
| Total assets | CN¥19.36b |
Recent financial health updates
Recent updates
Investors Aren't Buying Cofco Sugar Holding CO.,LTD.'s (SHSE:600737) Earnings
Sep 19
Shareholders Would Enjoy A Repeat Of Cofco Sugar HoldingLTD's (SHSE:600737) Recent Growth In Returns
Aug 13We Think Cofco Sugar HoldingLTD (SHSE:600737) Can Stay On Top Of Its Debt
Jul 22Investors Aren't Buying Cofco Sugar Holding CO.,LTD.'s (SHSE:600737) Earnings
Jun 20Shareholders Will Be Pleased With The Quality of Cofco Sugar HoldingLTD's (SHSE:600737) Earnings
May 02An Intrinsic Calculation For Cofco Sugar Holding CO.,LTD. (SHSE:600737) Suggests It's 21% Undervalued
Apr 08Cofco Sugar HoldingLTD's (SHSE:600737) Returns Have Hit A Wall
Mar 21Financial Position Analysis
Short Term Liabilities: 600737's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 600737's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥272.9M).
Debt to Equity History and Analysis
Debt Level: 600737's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 600737's debt to equity ratio has reduced from 58.1% to 23.3% over the past 5 years.
Debt Coverage: 600737's debt is well covered by operating cash flow (104.2%).
Interest Coverage: 600737's interest payments on its debt are well covered by EBIT (21.3x coverage).