Qinghai Huzhu TianYouDe Highland Barley Spirit Balance Sheet Health
Financial Health criteria checks 5/6
Qinghai Huzhu TianYouDe Highland Barley Spirit has a total shareholder equity of CN¥2.8B and total debt of CN¥109.3M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥3.3B and CN¥490.6M respectively. Qinghai Huzhu TianYouDe Highland Barley Spirit's EBIT is CN¥85.5M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥413.3M.
Key information
3.9%
Debt to equity ratio
CN¥109.26m
Debt
| Interest coverage ratio | -15.9x |
| Cash | CN¥413.28m |
| Equity | CN¥2.81b |
| Total liabilities | CN¥490.58m |
| Total assets | CN¥3.30b |
Recent financial health updates
Recent updates
Investors Interested In Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd.'s (SZSE:002646) Earnings
Sep 27
Is Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd. (SZSE:002646) Potentially Undervalued?
Jul 25Is Qinghai Huzhu TianYouDe Highland Barley Spirit (SZSE:002646) A Risky Investment?
Jun 06Financial Position Analysis
Short Term Liabilities: 002646's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥451.6M).
Long Term Liabilities: 002646's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥39.0M).
Debt to Equity History and Analysis
Debt Level: 002646 has more cash than its total debt.
Reducing Debt: 002646's debt to equity ratio has reduced from 4.2% to 3.9% over the past 5 years.
Debt Coverage: 002646's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002646 earns more interest than it pays, so coverage of interest payments is not a concern.