Sanquan Food Balance Sheet Health
Financial Health criteria checks 5/6
Sanquan Food has a total shareholder equity of CN¥4.6B and total debt of CN¥250.2M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥7.1B and CN¥2.5B respectively. Sanquan Food's EBIT is CN¥743.2M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥1.8B.
Key information
5.5%
Debt to equity ratio
CN¥250.16m
Debt
| Interest coverage ratio | -10.9x |
| Cash | CN¥1.76b |
| Equity | CN¥4.57b |
| Total liabilities | CN¥2.54b |
| Total assets | CN¥7.11b |
Recent financial health updates
Recent updates
Sanquan Food's (SZSE:002216) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02
Earnings Miss: Here's What Sanquan Food Co., Ltd. (SZSE:002216) Analysts Are Forecasting For This Year
Apr 28Sanquan Food Co., Ltd.'s (SZSE:002216) Business And Shares Still Trailing The Market
Apr 08Is Sanquan Food (SZSE:002216) Using Too Much Debt?
Feb 28Financial Position Analysis
Short Term Liabilities: 002216's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002216's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥262.9M).
Debt to Equity History and Analysis
Debt Level: 002216 has more cash than its total debt.
Reducing Debt: 002216's debt to equity ratio has increased from 3.4% to 5.5% over the past 5 years.
Debt Coverage: 002216's debt is well covered by operating cash flow (321.7%).
Interest Coverage: 002216 earns more interest than it pays, so coverage of interest payments is not a concern.