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¥21.8M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥5.1B and CN¥1.2B respectively. ShanDongDenghai SeedsLtd's EBIT is CN¥110.1M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥3.1B.
Key information
0.6%
Debt to equity ratio
CN¥21.75m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥3.06b |
| Equity | CN¥3.91b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥5.10b |
Recent financial health updates
Recent updates
Optimistic Investors Push ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) Shares Up 25% But Growth Is Lacking
Nov 11
These 4 Measures Indicate That ShanDongDenghai SeedsLtd (SZSE:002041) Is Using Debt Reasonably Well
Oct 10Solid Earnings May Not Tell The Whole Story For ShanDongDenghai SeedsLtd (SZSE:002041)
Sep 03These Analysts Just Made A Significant Downgrade To Their ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) EPS Forecasts
Sep 02ShanDongDenghai Seeds Co.,Ltd Just Beat Revenue By 12%: Here's What Analysts Think Will Happen Next
Aug 30Investors Appear Satisfied With ShanDongDenghai Seeds Co.,Ltd's (SZSE:002041) Prospects
Aug 22The Return Trends At ShanDongDenghai SeedsLtd (SZSE:002041) Look Promising
Jul 24The ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) Analysts Have Been Trimming Their Sales Forecasts
May 02ShanDongDenghai Seeds Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 24ShanDongDenghai Seeds Co.,Ltd's (SZSE:002041) P/E Is On The Mark
Apr 15Financial Position Analysis
Short Term Liabilities: 002041's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002041's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥82.5M).
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 (68.3%).
Interest Coverage: 002041 earns more interest than it pays, so coverage of interest payments is not a concern.