Beijing Shunxin AgricultureLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Shunxin AgricultureLtd has a total shareholder equity of CN¥7.2B and total debt of CN¥4.9B, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are CN¥14.1B and CN¥6.9B respectively. Beijing Shunxin AgricultureLtd's EBIT is CN¥442.6M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥6.3B.
Key information
68.7%
Debt to equity ratio
CN¥4.94b
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥6.30b |
| Equity | CN¥7.19b |
| Total liabilities | CN¥6.90b |
| Total assets | CN¥14.09b |
Recent financial health updates
Recent updates
Some Investors May Be Worried About Beijing Shunxin AgricultureLtd's (SZSE:000860) Returns On Capital
Oct 15
Beijing Shunxin Agriculture Co.,Ltd (SZSE:000860) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Sep 28We Like The Quality Of Beijing Shunxin AgricultureLtd's (SZSE:000860) Earnings
Sep 02Beijing Shunxin Agriculture Co.,Ltd's (SZSE:000860) Shares Lagging The Industry But So Is The Business
Jul 24These 4 Measures Indicate That Beijing Shunxin AgricultureLtd (SZSE:000860) Is Using Debt Safely
Jul 03Beijing Shunxin AgricultureLtd (SZSE:000860) Is Finding It Tricky To Allocate Its Capital
May 21Beijing Shunxin Agriculture Co.,Ltd's (SZSE:000860) Low P/S No Reason For Excitement
Apr 10Financial Position Analysis
Short Term Liabilities: 000860's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 000860's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000860 has more cash than its total debt.
Reducing Debt: 000860's debt to equity ratio has reduced from 91.6% to 68.7% over the past 5 years.
Debt Coverage: 000860's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 000860 earns more interest than it pays, so coverage of interest payments is not a concern.