Beijing Shunxin AgricultureLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Shunxin AgricultureLtd has a total shareholder equity of CN¥7.3B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are CN¥14.1B and CN¥6.9B respectively. Beijing Shunxin AgricultureLtd's EBIT is CN¥244.4M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥6.7B.
Key information
66.2%
Debt to equity ratio
CN¥4.80b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥6.73b |
| Equity | CN¥7.25b |
| Total liabilities | CN¥6.89b |
| Total assets | CN¥14.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000860's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 000860's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥1.5B).
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 81% to 66.2% over the past 5 years.
Debt Coverage: 000860's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 000860 earns more interest than it pays, so coverage of interest payments is not a concern.