Kuaijishan Shaoxing Rice Wine Balance Sheet Health
Financial Health criteria checks 6/6
Kuaijishan Shaoxing Rice Wine has a total shareholder equity of CN¥3.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.3B and CN¥630.3M respectively. Kuaijishan Shaoxing Rice Wine's EBIT is CN¥205.5M making its interest coverage ratio -8.7. It has cash and short-term investments of CN¥552.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.7x |
| Cash | CN¥552.43m |
| Equity | CN¥3.65b |
| Total liabilities | CN¥630.29m |
| Total assets | CN¥4.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601579's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥528.1M).
Long Term Liabilities: 601579's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥102.2M).
Debt to Equity History and Analysis
Debt Level: 601579 is debt free.
Reducing Debt: 601579 has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
Debt Coverage: 601579 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601579 has no debt, therefore coverage of interest payments is not a concern.