Guilin Seamild Foods Balance Sheet Health
Financial Health criteria checks 5/6
Guilin Seamild Foods has a total shareholder equity of CN¥1.5B and total debt of CN¥89.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥2.0B and CN¥451.1M respectively. Guilin Seamild Foods's EBIT is CN¥121.5M making its interest coverage ratio -13.4. It has cash and short-term investments of CN¥719.4M.
Key information
5.9%
Debt to equity ratio
CN¥88.99m
Debt
| Interest coverage ratio | -13.4x |
| Cash | CN¥719.38m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥451.10m |
| Total assets | CN¥1.96b |
Recent financial health updates
No updates
Recent updates
Guilin Seamild Foods' (SZSE:002956) Upcoming Dividend Will Be Larger Than Last Year's
Jul 05
Guilin Seamild Foods Co., Ltd's (SZSE:002956) Share Price Not Quite Adding Up
May 30Guilin Seamild Foods' (SZSE:002956) Profits Appear To Have Quality Issues
May 02A Look At The Fair Value Of Guilin Seamild Foods Co., Ltd (SZSE:002956)
Apr 17Investors Continue Waiting On Sidelines For Guilin Seamild Foods Co., Ltd (SZSE:002956)
Feb 26Financial Position Analysis
Short Term Liabilities: 002956's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥427.0M).
Long Term Liabilities: 002956's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥24.1M).
Debt to Equity History and Analysis
Debt Level: 002956 has more cash than its total debt.
Reducing Debt: 002956's debt to equity ratio has increased from 2.3% to 5.9% over the past 5 years.
Debt Coverage: 002956's debt is well covered by operating cash flow (145.9%).
Interest Coverage: 002956 earns more interest than it pays, so coverage of interest payments is not a concern.