Cofco Sugar HoldingLTD Balance Sheet Health
Financial Health criteria checks 5/6
Cofco Sugar HoldingLTD has a total shareholder equity of CN¥11.3B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are CN¥26.0B and CN¥14.6B respectively. Cofco Sugar HoldingLTD's EBIT is CN¥1.6B making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥4.2B.
Key information
42.8%
Debt to equity ratio
CN¥4.85b
Debt
| Interest coverage ratio | -9.3x |
| Cash | CN¥4.16b |
| Equity | CN¥11.33b |
| Total liabilities | CN¥14.65b |
| Total assets | CN¥25.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600737's short term assets (CN¥20.6B) exceed its short term liabilities (CN¥14.3B).
Long Term Liabilities: 600737's short term assets (CN¥20.6B) exceed its long term liabilities (CN¥305.6M).
Debt to Equity History and Analysis
Debt Level: 600737's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 600737's debt to equity ratio has reduced from 51.9% to 42.8% over the past 5 years.
Debt Coverage: 600737's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600737 earns more interest than it pays, so coverage of interest payments is not a concern.