Toly BreadLtd Balance Sheet Health
Financial Health criteria checks 4/6
Toly BreadLtd has a total shareholder equity of CN¥5.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥7.1B and CN¥1.9B respectively. Toly BreadLtd's EBIT is CN¥715.3M making its interest coverage ratio 25.5. It has cash and short-term investments of CN¥371.1M.
Key information
22.4%
Debt to equity ratio
CN¥1.17b
Debt
| Interest coverage ratio | 25.5x |
| Cash | CN¥371.07m |
| Equity | CN¥5.21b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥7.13b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603866's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603866's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥607.9M).
Debt to Equity History and Analysis
Debt Level: 603866's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 603866's debt to equity ratio has increased from 0% to 22.4% over the past 5 years.
Debt Coverage: 603866's debt is well covered by operating cash flow (72.6%).
Interest Coverage: 603866's interest payments on its debt are well covered by EBIT (25.5x coverage).