Jiangxi Sunshine Dairy Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Sunshine Dairy has a total shareholder equity of CN¥1.3B and total debt of CN¥816.7K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥1.4B and CN¥81.9M respectively. Jiangxi Sunshine Dairy's EBIT is CN¥111.5M making its interest coverage ratio -249.2. It has cash and short-term investments of CN¥487.9M.
Key information
0.06%
Debt to equity ratio
CN¥816.69k
Debt
Interest coverage ratio | -249.2x |
Cash | CN¥487.89m |
Equity | CN¥1.35b |
Total liabilities | CN¥81.93m |
Total assets | CN¥1.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001318's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥70.5M).
Long Term Liabilities: 001318's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 001318 has more cash than its total debt.
Reducing Debt: 001318's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.
Debt Coverage: 001318's debt is well covered by operating cash flow (20642.6%).
Interest Coverage: 001318 earns more interest than it pays, so coverage of interest payments is not a concern.