Haoxiangni Health FoodLtd Balance Sheet Health
Financial Health criteria checks 5/6
Haoxiangni Health FoodLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥772.1M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are CN¥4.8B and CN¥1.2B respectively.
Key information
21.8%
Debt to equity ratio
CN¥772.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.56b |
| Equity | CN¥3.55b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002582's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥665.2M).
Long Term Liabilities: 002582's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥576.5M).
Debt to Equity History and Analysis
Debt Level: 002582 has more cash than its total debt.
Reducing Debt: 002582's debt to equity ratio has reduced from 32.8% to 21.8% over the past 5 years.
Debt Coverage: 002582's debt is well covered by operating cash flow (36%).
Interest Coverage: Insufficient data to determine if 002582's interest payments on its debt are well covered by EBIT.