Anjoy Foods Group Balance Sheet Health
Financial Health criteria checks 6/6
Anjoy Foods Group has a total shareholder equity of CN¥13.3B and total debt of CN¥231.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥17.4B and CN¥4.0B respectively. Anjoy Foods Group's EBIT is CN¥1.8B making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥6.5B.
Key information
1.7%
Debt to equity ratio
CN¥230.99m
Debt
Interest coverage ratio | -16.5x |
Cash | CN¥6.55b |
Equity | CN¥13.33b |
Total liabilities | CN¥4.03b |
Total assets | CN¥17.36b |
Recent financial health updates
Recent updates
Anjoy 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¥10.4B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 603345's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥394.0M).
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 32.4% to 1.7% over the past 5 years.
Debt Coverage: 603345's debt is well covered by operating cash flow (942.6%).
Interest Coverage: 603345 earns more interest than it pays, so coverage of interest payments is not a concern.