ShanDongDenghai SeedsLtd Balance Sheet Health
Financial Health criteria checks 5/6
ShanDongDenghai SeedsLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥23.1M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥4.8B and CN¥917.6M respectively. ShanDongDenghai SeedsLtd's EBIT is CN¥181.9M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥3.0B.
Key information
0.6%
Debt to equity ratio
CN¥23.08m
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥3.02b |
Equity | CN¥3.88b |
Total liabilities | CN¥917.63m |
Total assets | CN¥4.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002041's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥839.6M).
Long Term Liabilities: 002041's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥78.0M).
Debt to Equity History and Analysis
Debt Level: 002041 has more cash than its total debt.
Reducing Debt: 002041's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 002041's debt is well covered by operating cash flow (775.2%).
Interest Coverage: 002041 earns more interest than it pays, so coverage of interest payments is not a concern.