Anji Foodstuff Balance Sheet Health
Financial Health criteria checks 5/6
Anji Foodstuff has a total shareholder equity of CN¥565.2M and total debt of CN¥513.4K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are CN¥613.5M and CN¥48.4M respectively. Anji Foodstuff's EBIT is CN¥41.7M making its interest coverage ratio -59.2. It has cash and short-term investments of CN¥218.6M.
Key information
0.09%
Debt to equity ratio
CN¥513.44k
Debt
Interest coverage ratio | -59.2x |
Cash | CN¥218.62m |
Equity | CN¥565.15m |
Total liabilities | CN¥48.36m |
Total assets | CN¥613.52m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603696's short term assets (CN¥345.0M) exceed its short term liabilities (CN¥48.3M).
Long Term Liabilities: 603696's short term assets (CN¥345.0M) exceed its long term liabilities (CN¥51.1K).
Debt to Equity History and Analysis
Debt Level: 603696 has more cash than its total debt.
Reducing Debt: 603696's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: 603696's debt is well covered by operating cash flow (5714%).
Interest Coverage: 603696 earns more interest than it pays, so coverage of interest payments is not a concern.