Ningxia Xiaoming Agriculture & Animal HusbandryLtd Balance Sheet Health
Financial Health criteria checks 0/6
Ningxia Xiaoming Agriculture & Animal HusbandryLtd has a total shareholder equity of CN¥728.5M and total debt of CN¥716.2M, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are CN¥1.6B and CN¥873.9M respectively.
Key information
98.3%
Debt to equity ratio
CN¥716.24m
Debt
Interest coverage ratio | n/a |
Cash | CN¥55.82m |
Equity | CN¥728.53m |
Total liabilities | CN¥873.86m |
Total assets | CN¥1.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300967's short term assets (CN¥182.0M) do not cover its short term liabilities (CN¥208.8M).
Long Term Liabilities: 300967's short term assets (CN¥182.0M) do not cover its long term liabilities (CN¥665.0M).
Debt to Equity History and Analysis
Debt Level: 300967's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 300967's debt to equity ratio has increased from 19.2% to 98.3% over the past 5 years.
Debt Coverage: 300967's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: Insufficient data to determine if 300967's interest payments on its debt are well covered by EBIT.