Ganyuan Foods Balance Sheet Health
Financial Health criteria checks 6/6
Ganyuan Foods has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥367.7M respectively. Ganyuan Foods's EBIT is CN¥373.9M making its interest coverage ratio -14.6. It has cash and short-term investments of CN¥1.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -14.6x |
Cash | CN¥1.01b |
Equity | CN¥1.76b |
Total liabilities | CN¥367.70m |
Total assets | CN¥2.12b |
Financial Position Analysis
Short Term Liabilities: 002991's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥254.7M).
Long Term Liabilities: 002991's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥113.0M).
Debt to Equity History and Analysis
Debt Level: 002991 is debt free.
Reducing Debt: 002991 had no debt 5 years ago.
Debt Coverage: 002991 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002991 has no debt, therefore coverage of interest payments is not a concern.