Suzhou Weizhixiang Food Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Weizhixiang Food has a total shareholder equity of CN¥1.3B and total debt of CN¥52.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥1.4B and CN¥118.0M respectively. Suzhou Weizhixiang Food's EBIT is CN¥105.9M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥1.0B.
Key information
4.1%
Debt to equity ratio
CN¥51.97m
Debt
Interest coverage ratio | -4.1x |
Cash | CN¥1.04b |
Equity | CN¥1.27b |
Total liabilities | CN¥118.04m |
Total assets | CN¥1.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605089's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥113.9M).
Long Term Liabilities: 605089's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.1M).
Debt to Equity History and Analysis
Debt Level: 605089 has more cash than its total debt.
Reducing Debt: 605089's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: 605089's debt is well covered by operating cash flow (318.8%).
Interest Coverage: 605089 earns more interest than it pays, so coverage of interest payments is not a concern.