Shandong Sinoglory Health Food Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Sinoglory Health Food has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥292.7M respectively. Shandong Sinoglory Health Food's EBIT is CN¥141.1M making its interest coverage ratio -27.3. It has cash and short-term investments of CN¥287.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -27.3x |
| Cash | CN¥287.81m |
| Equity | CN¥1.06b |
| Total liabilities | CN¥292.67m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603182's short term assets (CN¥807.7M) exceed its short term liabilities (CN¥222.8M).
Long Term Liabilities: 603182's short term assets (CN¥807.7M) exceed its long term liabilities (CN¥69.8M).
Debt to Equity History and Analysis
Debt Level: 603182 is debt free.
Reducing Debt: 603182 has no debt compared to 5 years ago when its debt to equity ratio was 34.8%.
Debt Coverage: 603182 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603182 has no debt, therefore coverage of interest payments is not a concern.