Jiangxi Huangshanghuang Group Food Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Huangshanghuang Group Food has a total shareholder equity of CN¥2.8B and total debt of CN¥1.4M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CN¥3.3B and CN¥504.8M respectively. Jiangxi Huangshanghuang Group Food's EBIT is CN¥40.1M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥1.2B.
Key information
0.05%
Debt to equity ratio
CN¥1.39m
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥1.16b |
Equity | CN¥2.83b |
Total liabilities | CN¥504.85m |
Total assets | CN¥3.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002695's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥301.4M).
Long Term Liabilities: 002695's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥203.5M).
Debt to Equity History and Analysis
Debt Level: 002695 has more cash than its total debt.
Reducing Debt: 002695's debt to equity ratio has reduced from 4.7% to 0.05% over the past 5 years.
Debt Coverage: 002695's debt is well covered by operating cash flow (13829.4%).
Interest Coverage: 002695 earns more interest than it pays, so coverage of interest payments is not a concern.