Tianjin Guifaxiang 18th Street Mahua FoodLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Guifaxiang 18th Street Mahua FoodLtd has a total shareholder equity of CN¥951.0M and total debt of CN¥16.1M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥1.0B and CN¥74.8M respectively. Tianjin Guifaxiang 18th Street Mahua FoodLtd's EBIT is CN¥52.6M making its interest coverage ratio -5. It has cash and short-term investments of CN¥611.0M.
Key information
1.7%
Debt to equity ratio
CN¥16.11m
Debt
Interest coverage ratio | -5x |
Cash | CN¥610.98m |
Equity | CN¥950.97m |
Total liabilities | CN¥74.79m |
Total assets | CN¥1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002820's short term assets (CN¥690.3M) exceed its short term liabilities (CN¥50.7M).
Long Term Liabilities: 002820's short term assets (CN¥690.3M) exceed its long term liabilities (CN¥24.1M).
Debt to Equity History and Analysis
Debt Level: 002820 has more cash than its total debt.
Reducing Debt: 002820's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: 002820's debt is well covered by operating cash flow (544.2%).
Interest Coverage: 002820 earns more interest than it pays, so coverage of interest payments is not a concern.