ShanDongDenghai SeedsLtd Balance Sheet Health
Financial Health criteria checks 5/6
ShanDongDenghai SeedsLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥21.8M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥5.1B and CN¥1.2B respectively. ShanDongDenghai SeedsLtd's EBIT is CN¥110.1M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥3.1B.
Key information
0.6%
Debt to equity ratio
CN¥21.75m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥3.06b |
| Equity | CN¥3.91b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002041's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002041's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥82.5M).
Debt to Equity History and Analysis
Debt Level: 002041 has more cash than its total debt.
Reducing Debt: 002041's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 002041's debt is well covered by operating cash flow (68.3%).
Interest Coverage: 002041 earns more interest than it pays, so coverage of interest payments is not a concern.