Hunan Xiangjia Animal HusbandryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hunan Xiangjia Animal HusbandryLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 80.2%. Its total assets and total liabilities are CN¥3.9B and CN¥2.2B respectively.
Key information
80.2%
Debt to equity ratio
CN¥1.38b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥412.79m |
| Equity | CN¥1.72b |
| Total liabilities | CN¥2.17b |
| Total assets | CN¥3.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002982's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥915.9M).
Long Term Liabilities: 002982's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002982's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: 002982's debt to equity ratio has increased from 32.4% to 80.2% over the past 5 years.
Debt Coverage: 002982's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: Insufficient data to determine if 002982's interest payments on its debt are well covered by EBIT.