Yantai Shuangta Food Balance Sheet Health
Financial Health criteria checks 4/6
Yantai Shuangta Food has a total shareholder equity of CN¥2.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are CN¥4.7B and CN¥2.1B respectively. Yantai Shuangta Food's EBIT is CN¥194.8M making its interest coverage ratio 105.8. It has cash and short-term investments of CN¥1.1B.
Key information
48.2%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | 105.8x |
| Cash | CN¥1.13b |
| Equity | CN¥2.64b |
| Total liabilities | CN¥2.07b |
| Total assets | CN¥4.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002481's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002481's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥212.4M).
Debt to Equity History and Analysis
Debt Level: 002481's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 002481's debt to equity ratio has increased from 42.8% to 48.2% over the past 5 years.
Debt Coverage: 002481's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 002481's interest payments on its debt are well covered by EBIT (105.8x coverage).