Juewei Food Balance Sheet Health
Financial Health criteria checks 5/6
Juewei Food has a total shareholder equity of CN¥7.1B and total debt of CN¥619.2M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥9.4B and CN¥2.2B respectively. Juewei Food's EBIT is CN¥584.2M making its interest coverage ratio -36.3. It has cash and short-term investments of CN¥1.3B.
Key information
8.7%
Debt to equity ratio
CN¥619.16m
Debt
Interest coverage ratio | -36.3x |
Cash | CN¥1.31b |
Equity | CN¥7.15b |
Total liabilities | CN¥2.23b |
Total assets | CN¥9.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603517's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603517's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥314.6M).
Debt to Equity History and Analysis
Debt Level: 603517 has more cash than its total debt.
Reducing Debt: 603517's debt to equity ratio has increased from 7.3% to 8.7% over the past 5 years.
Debt Coverage: 603517's debt is well covered by operating cash flow (95%).
Interest Coverage: 603517 earns more interest than it pays, so coverage of interest payments is not a concern.