Guangdong Yuehai Feeds GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Yuehai Feeds GroupLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥632.4M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are CN¥4.9B and CN¥2.3B respectively.
Key information
24.4%
Debt to equity ratio
CN¥632.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥628.66m |
| Equity | CN¥2.59b |
| Total liabilities | CN¥2.33b |
| Total assets | CN¥4.92b |
Recent financial health updates
Here's Why Guangdong Yuehai Feeds GroupLtd (SZSE:001313) Has A Meaningful Debt Burden
Oct 29
Is Guangdong Yuehai Feeds GroupLtd (SZSE:001313) Using Too Much Debt?
Jun 03Recent updates
Here's Why Guangdong Yuehai Feeds GroupLtd (SZSE:001313) Has A Meaningful Debt Burden
Oct 29Guangdong Yuehai Feeds GroupLtd (SZSE:001313) Will Want To Turn Around Its Return Trends
Aug 26Is Guangdong Yuehai Feeds GroupLtd (SZSE:001313) Using Too Much Debt?
Jun 03Why Guangdong Yuehai Feeds GroupLtd's (SZSE:001313) Shaky Earnings Are Just The Beginning Of Its Problems
May 05Be Wary Of Guangdong Yuehai Feeds GroupLtd (SZSE:001313) And Its Returns On Capital
Apr 24Guangdong Yuehai Feeds Group Co.,Ltd. (SZSE:001313) Soars 25% But It's A Story Of Risk Vs Reward
Mar 15Financial Position Analysis
Short Term Liabilities: 001313's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 001313's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥169.1M).
Debt to Equity History and Analysis
Debt Level: 001313's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 001313's debt to equity ratio has reduced from 26.7% to 24.4% over the past 5 years.
Debt Coverage: 001313's debt is well covered by operating cash flow (99.4%).
Interest Coverage: Insufficient data to determine if 001313's interest payments on its debt are well covered by EBIT.