Haoxiangni Health FoodLtd Balance Sheet Health
Financial Health criteria checks 5/6
Haoxiangni Health FoodLtd has a total shareholder equity of CN¥4.1B and total debt of CN¥837.4M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are CN¥5.4B and CN¥1.4B respectively.
Key information
20.6%
Debt to equity ratio
CN¥837.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.06b |
| Equity | CN¥4.07b |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥5.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002582's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥779.7M).
Long Term Liabilities: 002582's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥587.8M).
Debt to Equity History and Analysis
Debt Level: 002582 has more cash than its total debt.
Reducing Debt: 002582's debt to equity ratio has reduced from 24.3% to 20.6% over the past 5 years.
Debt Coverage: 002582's debt is well covered by operating cash flow (40.6%).
Interest Coverage: Insufficient data to determine if 002582's interest payments on its debt are well covered by EBIT.