Shanghai Menon Animal Nutrition Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Menon Animal Nutrition Technology has a total shareholder equity of CN¥803.4M and total debt of CN¥1.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥830.1M and CN¥26.7M respectively. Shanghai Menon Animal Nutrition Technology's EBIT is CN¥56.4M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥402.7M.
Key information
0.2%
Debt to equity ratio
CN¥1.91m
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥402.65m |
| Equity | CN¥803.37m |
| Total liabilities | CN¥26.72m |
| Total assets | CN¥830.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301156's short term assets (CN¥557.4M) exceed its short term liabilities (CN¥25.0M).
Long Term Liabilities: 301156's short term assets (CN¥557.4M) exceed its long term liabilities (CN¥1.7M).
Debt to Equity History and Analysis
Debt Level: 301156 has more cash than its total debt.
Reducing Debt: 301156's debt to equity ratio has reduced from 5% to 0.2% over the past 5 years.
Debt Coverage: 301156's debt is well covered by operating cash flow (4826.2%).
Interest Coverage: 301156 earns more interest than it pays, so coverage of interest payments is not a concern.