Tianjin Guifaxiang 18th Street Mahua FoodLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tianjin Guifaxiang 18th Street Mahua FoodLtd has a total shareholder equity of CN¥928.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥87.8M respectively. Tianjin Guifaxiang 18th Street Mahua FoodLtd's EBIT is CN¥27.0M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥577.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥577.59m |
| Equity | CN¥928.91m |
| Total liabilities | CN¥87.78m |
| Total assets | CN¥1.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002820's short term assets (CN¥665.4M) exceed its short term liabilities (CN¥56.2M).
Long Term Liabilities: 002820's short term assets (CN¥665.4M) exceed its long term liabilities (CN¥31.6M).
Debt to Equity History and Analysis
Debt Level: 002820 is debt free.
Reducing Debt: 002820 had no debt 5 years ago.
Debt Coverage: 002820 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002820 has no debt, therefore coverage of interest payments is not a concern.