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¥8.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥4.7B and CN¥773.0M respectively. ShanDongDenghai SeedsLtd's EBIT is CN¥158.4M making its interest coverage ratio -2. It has cash and short-term investments of CN¥2.9B.
Key information
0.2%
Debt to equity ratio
CN¥8.30m
Debt
Interest coverage ratio | -2x |
Cash | CN¥2.91b |
Equity | CN¥3.92b |
Total liabilities | CN¥772.96m |
Total assets | CN¥4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002041's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥698.0M).
Long Term Liabilities: 002041's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥74.9M).
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 0.2% over the past 5 years.
Debt Coverage: 002041's debt is well covered by operating cash flow (2575.4%).
Interest Coverage: 002041 earns more interest than it pays, so coverage of interest payments is not a concern.