Juneyao Grand Healthy DrinksCo.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Juneyao Grand Healthy DrinksCo.Ltd has a total shareholder equity of CN¥1.9B and total debt of CN¥6.1M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥2.3B and CN¥354.3M respectively. Juneyao Grand Healthy DrinksCo.Ltd's EBIT is CN¥50.5M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥389.5M.
Key information
0.3%
Debt to equity ratio
CN¥6.09m
Debt
Interest coverage ratio | -3.3x |
Cash | CN¥389.47m |
Equity | CN¥1.93b |
Total liabilities | CN¥354.27m |
Total assets | CN¥2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605388's short term assets (CN¥965.4M) exceed its short term liabilities (CN¥294.9M).
Long Term Liabilities: 605388's short term assets (CN¥965.4M) exceed its long term liabilities (CN¥59.4M).
Debt to Equity History and Analysis
Debt Level: 605388 has more cash than its total debt.
Reducing Debt: 605388's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 605388's debt is well covered by operating cash flow (796.3%).
Interest Coverage: 605388 earns more interest than it pays, so coverage of interest payments is not a concern.