Zhejiang Huatong Meat Products Balance Sheet Health
Financial Health criteria checks 0/6
Zhejiang Huatong Meat Products has a total shareholder equity of CN¥2.1B and total debt of CN¥4.9B, which brings its debt-to-equity ratio to 229.8%. Its total assets and total liabilities are CN¥9.2B and CN¥7.0B respectively.
Key information
229.8%
Debt to equity ratio
CN¥4.90b
Debt
Interest coverage ratio | n/a |
Cash | CN¥751.59m |
Equity | CN¥2.13b |
Total liabilities | CN¥7.05b |
Total assets | CN¥9.18b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002840's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002840's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 002840's net debt to equity ratio (194.5%) is considered high.
Reducing Debt: 002840's debt to equity ratio has increased from 36% to 229.8% over the past 5 years.
Debt Coverage: 002840's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: Insufficient data to determine if 002840's interest payments on its debt are well covered by EBIT.