Anjoy Foods Group Balance Sheet Health
Financial Health criteria checks 6/6
Anjoy Foods Group has a total shareholder equity of CN¥13.1B and total debt of CN¥117.1M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥16.5B and CN¥3.4B respectively. Anjoy Foods Group's EBIT is CN¥1.7B making its interest coverage ratio -16.9. It has cash and short-term investments of CN¥5.7B.
Key information
0.9%
Debt to equity ratio
CN¥117.09m
Debt
| Interest coverage ratio | -16.9x |
| Cash | CN¥5.69b |
| Equity | CN¥13.08b |
| Total liabilities | CN¥3.42b |
| Total assets | CN¥16.49b |
Recent financial health updates
These 4 Measures Indicate That Anjoy Foods Group (SHSE:603345) Is Using Debt Reasonably Well
Nov 25
Anjoy Foods Group (SHSE:603345) Could Easily Take On More Debt
Aug 07Recent updates
These 4 Measures Indicate That Anjoy Foods Group (SHSE:603345) Is Using Debt Reasonably Well
Nov 25Benign Growth For Anjoy Foods Group Co., Ltd. (SHSE:603345) Underpins Its Share Price
Sep 26Anjoy Foods Group (SHSE:603345) Could Easily Take On More Debt
Aug 07The Returns At Anjoy Foods Group (SHSE:603345) Aren't Growing
Jul 15Benign Growth For Anjoy Foods Group Co., Ltd. (SHSE:603345) Underpins Its Share Price
Jun 27Calculating The Fair Value Of Anjoy Foods Group Co., Ltd. (SHSE:603345)
May 21The Returns At Anjoy Foods Group (SHSE:603345) Aren't Growing
Mar 01Financial Position Analysis
Short Term Liabilities: 603345's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603345's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥379.7M).
Debt to Equity History and Analysis
Debt Level: 603345 has more cash than its total debt.
Reducing Debt: 603345's debt to equity ratio has reduced from 19.3% to 0.9% over the past 5 years.
Debt Coverage: 603345's debt is well covered by operating cash flow (1999.3%).
Interest Coverage: 603345 earns more interest than it pays, so coverage of interest payments is not a concern.