Panda Dairy Balance Sheet Health
Financial Health criteria checks 6/6
Panda Dairy has a total shareholder equity of CN¥969.5M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.1B and CN¥112.3M respectively. Panda Dairy's EBIT is CN¥105.0M making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥543.7M.
Key information
2.1%
Debt to equity ratio
CN¥20.00m
Debt
| Interest coverage ratio | -7.1x |
| Cash | CN¥543.70m |
| Equity | CN¥969.51m |
| Total liabilities | CN¥112.26m |
| Total assets | CN¥1.08b |
Recent financial health updates
No updates
Recent updates
Panda Dairy Corporation (SZSE:300898) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Oct 13
We Think Panda Dairy's (SZSE:300898) Solid Earnings Are Understated
Aug 22Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50
May 24Panda Dairy (SZSE:300898) Might Be Having Difficulty Using Its Capital Effectively
Apr 16Financial Position Analysis
Short Term Liabilities: 300898's short term assets (CN¥716.3M) exceed its short term liabilities (CN¥85.5M).
Long Term Liabilities: 300898's short term assets (CN¥716.3M) exceed its long term liabilities (CN¥26.8M).
Debt to Equity History and Analysis
Debt Level: 300898 has more cash than its total debt.
Reducing Debt: 300898's debt to equity ratio has reduced from 3.6% to 2.1% over the past 5 years.
Debt Coverage: 300898's debt is well covered by operating cash flow (1134.1%).
Interest Coverage: 300898 earns more interest than it pays, so coverage of interest payments is not a concern.