Jiangsu Lihua Animal Husbandry Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Lihua Animal Husbandry has a total shareholder equity of CN¥7.9B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are CN¥14.1B and CN¥6.2B respectively. Jiangsu Lihua Animal Husbandry's EBIT is CN¥96.1M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥1.2B.
Key information
34.0%
Debt to equity ratio
CN¥2.68b
Debt
Interest coverage ratio | 1.3x |
Cash | CN¥1.16b |
Equity | CN¥7.88b |
Total liabilities | CN¥6.18b |
Total assets | CN¥14.06b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Jiangsu Lihua Animal Husbandry (SZSE:300761) Shareholders
Apr 29Does This Valuation Of Jiangsu Lihua Animal Husbandry Co., Ltd. (SZSE:300761) Imply Investors Are Overpaying?
Mar 21Jiangsu Lihua Animal Husbandry Co., Ltd.'s (SZSE:300761) Shares Lagging The Industry But So Is The Business
Feb 29Financial Position Analysis
Short Term Liabilities: 300761's short term assets (CN¥4.1B) do not cover its short term liabilities (CN¥5.4B).
Long Term Liabilities: 300761's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥789.6M).
Debt to Equity History and Analysis
Debt Level: 300761's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 300761's debt to equity ratio has increased from 1.5% to 34% over the past 5 years.
Debt Coverage: 300761's debt is well covered by operating cash flow (66%).
Interest Coverage: 300761's interest payments on its debt are not well covered by EBIT (1.3x coverage).