Guangdong Yuehai Feeds GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Yuehai Feeds GroupLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥953.6M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are CN¥4.7B and CN¥2.1B respectively. Guangdong Yuehai Feeds GroupLtd's EBIT is CN¥48.6M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥942.0M.
Key information
36.6%
Debt to equity ratio
CN¥953.56m
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥941.96m |
Equity | CN¥2.61b |
Total liabilities | CN¥2.12b |
Total assets | CN¥4.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001313's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 001313's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥170.0M).
Debt to Equity History and Analysis
Debt Level: 001313's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 001313's debt to equity ratio has increased from 28.9% to 36.6% over the past 5 years.
Debt Coverage: 001313's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 001313's interest payments on its debt are not well covered by EBIT (1.5x coverage).