Springsnow Food Group Balance Sheet Health
Financial Health criteria checks 3/6
Springsnow Food Group has a total shareholder equity of CN¥1.1B and total debt of CN¥721.1M, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are CN¥2.4B and CN¥1.3B respectively.
Key information
67.2%
Debt to equity ratio
CN¥721.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥503.62m |
| Equity | CN¥1.07b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605567's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 605567's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥76.8M).
Debt to Equity History and Analysis
Debt Level: 605567's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: 605567's debt to equity ratio has reduced from 105.2% to 67.2% over the past 5 years.
Debt Coverage: 605567's debt is not well covered by operating cash flow (13%).
Interest Coverage: Insufficient data to determine if 605567's interest payments on its debt are well covered by EBIT.