HUANLEJIA Food GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
HUANLEJIA Food GroupLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥743.4M respectively. HUANLEJIA Food GroupLtd's EBIT is CN¥359.4M making its interest coverage ratio -38.3. It has cash and short-term investments of CN¥894.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -38.3x |
Cash | CN¥894.73m |
Equity | CN¥1.48b |
Total liabilities | CN¥743.40m |
Total assets | CN¥2.23b |
Financial Position Analysis
Short Term Liabilities: 300997's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥725.8M).
Long Term Liabilities: 300997's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥17.6M).
Debt to Equity History and Analysis
Debt Level: 300997 is debt free.
Reducing Debt: 300997 has no debt compared to 5 years ago when its debt to equity ratio was 41.4%.
Debt Coverage: 300997 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300997 has no debt, therefore coverage of interest payments is not a concern.