Great-Sun Foods Balance Sheet Health
Financial Health criteria checks 2/6
Great-Sun Foods has a total shareholder equity of CN¥1.2B and total debt of CN¥644.2M, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are CN¥1.9B and CN¥695.5M respectively. Great-Sun Foods's EBIT is CN¥35.0M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥35.8M.
Key information
55.7%
Debt to equity ratio
CN¥644.22m
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥35.80m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥695.53m |
| Total assets | CN¥1.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603336's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥452.2M).
Long Term Liabilities: 603336's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥243.4M).
Debt to Equity History and Analysis
Debt Level: 603336's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 603336's debt to equity ratio has increased from 10.8% to 55.7% over the past 5 years.
Debt Coverage: 603336's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603336's interest payments on its debt are not well covered by EBIT (1.2x coverage).