Sanquan Food Balance Sheet Health
Financial Health criteria checks 4/6
Sanquan Food has a total shareholder equity of CN¥4.3B and total debt of CN¥450.3M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥7.2B and CN¥2.9B respectively. Sanquan Food's EBIT is CN¥582.7M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥1.4B.
Key information
10.5%
Debt to equity ratio
CN¥450.26m
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥1.38b |
| Equity | CN¥4.29b |
| Total liabilities | CN¥2.89b |
| Total assets | CN¥7.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002216's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002216's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥237.8M).
Debt to Equity History and Analysis
Debt Level: 002216 has more cash than its total debt.
Reducing Debt: 002216's debt to equity ratio has increased from 3.3% to 10.5% over the past 5 years.
Debt Coverage: 002216's debt is well covered by operating cash flow (236.7%).
Interest Coverage: 002216 earns more interest than it pays, so coverage of interest payments is not a concern.