Panda Dairy Balance Sheet Health
Financial Health criteria checks 5/6
Panda Dairy has a total shareholder equity of CN¥949.4M and total debt of CN¥100.5M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥1.1B and CN¥197.1M respectively. Panda Dairy's EBIT is CN¥116.0M making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥556.7M.
Key information
10.6%
Debt to equity ratio
CN¥100.51m
Debt
Interest coverage ratio | -12.1x |
Cash | CN¥556.71m |
Equity | CN¥949.38m |
Total liabilities | CN¥197.11m |
Total assets | CN¥1.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300898's short term assets (CN¥777.9M) exceed its short term liabilities (CN¥173.5M).
Long Term Liabilities: 300898's short term assets (CN¥777.9M) exceed its long term liabilities (CN¥23.6M).
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 increased from 0% to 10.6% over the past 5 years.
Debt Coverage: 300898's debt is well covered by operating cash flow (183.3%).
Interest Coverage: 300898 earns more interest than it pays, so coverage of interest payments is not a concern.