Guangdong Yantang Dairy Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Yantang Dairy has a total shareholder equity of CN¥1.4B and total debt of CN¥83.5M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥1.9B and CN¥436.7M respectively. Guangdong Yantang Dairy's EBIT is CN¥159.3M making its interest coverage ratio 58. It has cash and short-term investments of CN¥303.9M.
Key information
5.8%
Debt to equity ratio
CN¥83.52m
Debt
| Interest coverage ratio | 58x |
| Cash | CN¥303.87m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥436.71m |
| Total assets | CN¥1.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002732's short term assets (CN¥562.7M) exceed its short term liabilities (CN¥385.2M).
Long Term Liabilities: 002732's short term assets (CN¥562.7M) exceed its long term liabilities (CN¥51.5M).
Debt to Equity History and Analysis
Debt Level: 002732 has more cash than its total debt.
Reducing Debt: 002732's debt to equity ratio has reduced from 16.9% to 5.8% over the past 5 years.
Debt Coverage: 002732's debt is well covered by operating cash flow (292%).
Interest Coverage: 002732's interest payments on its debt are well covered by EBIT (58x coverage).