Shandong Delisi Food Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Delisi Food has a total shareholder equity of CN¥2.3B and total debt of CN¥533.8M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CN¥3.4B and CN¥1.0B respectively.
Key information
22.8%
Debt to equity ratio
CN¥533.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥624.54m |
| Equity | CN¥2.34b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥3.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002330's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥879.2M).
Long Term Liabilities: 002330's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥148.9M).
Debt to Equity History and Analysis
Debt Level: 002330 has more cash than its total debt.
Reducing Debt: 002330's debt to equity ratio has increased from 13.4% to 22.8% over the past 5 years.
Debt Coverage: 002330's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002330's interest payments on its debt are well covered by EBIT.