Jinzai Food GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jinzai Food GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥200.0M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥1.8B and CN¥498.3M respectively. Jinzai Food GroupLtd's EBIT is CN¥262.3M making its interest coverage ratio -13.5. It has cash and short-term investments of CN¥921.1M.
Key information
15.1%
Debt to equity ratio
CN¥200.00m
Debt
| Interest coverage ratio | -13.5x |
| Cash | CN¥921.10m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥498.29m |
| Total assets | CN¥1.82b |
Recent financial health updates
Recent updates
Jinzai Food GroupLtd (SZSE:003000) Hasn't Managed To Accelerate Its Returns
Aug 01
We Think Jinzai Food GroupLtd (SZSE:003000) Can Manage Its Debt With Ease
Jul 17Jinzai Food GroupLtd's (SZSE:003000) Upcoming Dividend Will Be Larger Than Last Year's
Apr 29Jinzai Food Group Co.,Ltd.'s (SZSE:003000) P/E Is On The Mark
Apr 24Additional Considerations Required While Assessing Jinzai Food GroupLtd's (SZSE:003000) Strong Earnings
Apr 03Here's Why Jinzai Food GroupLtd (SZSE:003000) Has Caught The Eye Of Investors
Mar 06Financial Position Analysis
Short Term Liabilities: 003000's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥466.9M).
Long Term Liabilities: 003000's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥31.4M).
Debt to Equity History and Analysis
Debt Level: 003000 has more cash than its total debt.
Reducing Debt: 003000's debt to equity ratio has increased from 0% to 15.1% over the past 5 years.
Debt Coverage: 003000's debt is well covered by operating cash flow (159.3%).
Interest Coverage: 003000 earns more interest than it pays, so coverage of interest payments is not a concern.