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¥5.2B, which brings its debt-to-equity ratio to 242.6%. Its total assets and total liabilities are CN¥9.2B and CN¥7.0B respectively.
Key information
242.6%
Debt to equity ratio
CN¥5.17b
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
Zhejiang Huatong Meat Products (SZSE:002840) Is Making Moderate Use Of Debt
Jul 23
Would Zhejiang Huatong Meat Products (SZSE:002840) Be Better Off With Less Debt?
Mar 26Recent updates
Zhejiang Huatong Meat Products (SZSE:002840) Is Making Moderate Use Of Debt
Jul 23Investors Give Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) Shares A 28% Hiding
Jun 25Investors Still Aren't Entirely Convinced By Zhejiang Huatong Meat Products Co., Ltd.'s (SZSE:002840) Revenues Despite 30% Price Jump
Apr 03Would Zhejiang Huatong Meat Products (SZSE:002840) Be Better Off With Less Debt?
Mar 26Financial 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 (207.4%) is considered high.
Reducing Debt: 002840's debt to equity ratio has increased from 36% to 242.6% over the past 5 years.
Debt Coverage: 002840's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 002840's interest payments on its debt are well covered by EBIT.