Xiwang FoodstuffsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Xiwang FoodstuffsLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are CN¥6.9B and CN¥3.0B respectively.
Key information
49.5%
Debt to equity ratio
CN¥1.97b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.62b |
Equity | CN¥3.97b |
Total liabilities | CN¥2.97b |
Total assets | CN¥6.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000639's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 000639's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥463.7M).
Debt to Equity History and Analysis
Debt Level: 000639's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 000639's debt to equity ratio has increased from 31.7% to 49.5% over the past 5 years.
Debt Coverage: 000639's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: Insufficient data to determine if 000639's interest payments on its debt are well covered by EBIT.