Shandong Yisheng Livestock & Poultry Breeding Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Yisheng Livestock & Poultry Breeding has a total shareholder equity of CN¥4.5B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are CN¥7.2B and CN¥2.7B respectively. Shandong Yisheng Livestock & Poultry Breeding's EBIT is CN¥246.5M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥1.3B.
Key information
39.5%
Debt to equity ratio
CN¥1.78b
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥1.27b |
| Equity | CN¥4.52b |
| Total liabilities | CN¥2.68b |
| Total assets | CN¥7.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002458's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002458's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥308.5M).
Debt to Equity History and Analysis
Debt Level: 002458's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 002458's debt to equity ratio has increased from 0% to 39.5% over the past 5 years.
Debt Coverage: 002458's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 002458's interest payments on its debt are well covered by EBIT (6.6x coverage).