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¥136.8M making its interest coverage ratio -1.2. 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 | -1.2x |
Cash | CN¥6.73b |
Equity | CN¥7.25b |
Total liabilities | CN¥6.89b |
Total assets | CN¥14.14b |
Recent financial health updates
Recent updates
Beijing 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¥9.0B) 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.