Suzhou Weizhixiang Food Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Weizhixiang Food has a total shareholder equity of CN¥1.2B and total debt of CN¥15.9M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥1.3B and CN¥95.6M respectively. Suzhou Weizhixiang Food's EBIT is CN¥86.6M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥950.8M.
Key information
1.3%
Debt to equity ratio
CN¥15.91m
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥950.85m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥95.58m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Suzhou Weizhixiang Food (SHSE:605089) Could Be Struggling To Allocate Capital
Sep 26
Time To Worry? Analysts Are Downgrading Their Suzhou Weizhixiang Food Co., Ltd. (SHSE:605089) Outlook
Sep 02The Consensus EPS Estimates For Suzhou Weizhixiang Food Co., Ltd. (SHSE:605089) Just Fell Dramatically
May 01Estimating The Fair Value Of Suzhou Weizhixiang Food Co., Ltd. (SHSE:605089)
Apr 17Earnings Not Telling The Story For Suzhou Weizhixiang Food Co., Ltd. (SHSE:605089)
Mar 15Financial Position Analysis
Short Term Liabilities: 605089's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥95.4M).
Long Term Liabilities: 605089's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥142.9K).
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 1.3% over the past 5 years.
Debt Coverage: 605089's debt is well covered by operating cash flow (533.5%).
Interest Coverage: 605089 earns more interest than it pays, so coverage of interest payments is not a concern.