Chacha Food Company Balance Sheet Health
Financial Health criteria checks 5/6
Chacha Food Company has a total shareholder equity of CN¥5.7B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are CN¥9.4B and CN¥3.7B respectively. Chacha Food Company's EBIT is CN¥880.8M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥5.8B.
Key information
40.2%
Debt to equity ratio
CN¥2.29b
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥5.75b |
| Equity | CN¥5.71b |
| Total liabilities | CN¥3.68b |
| Total assets | CN¥9.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002557's short term assets (CN¥7.2B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002557's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002557 has more cash than its total debt.
Reducing Debt: 002557's debt to equity ratio has increased from 15.1% to 40.2% over the past 5 years.
Debt Coverage: 002557's debt is well covered by operating cash flow (50.7%).
Interest Coverage: 002557 earns more interest than it pays, so coverage of interest payments is not a concern.