Petpal Pet Nutrition Technology Balance Sheet Health
Financial Health criteria checks 5/6
Petpal Pet Nutrition Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥753.5M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are CN¥3.1B and CN¥1.1B respectively. Petpal Pet Nutrition Technology's EBIT is CN¥233.4M making its interest coverage ratio 47.2. It has cash and short-term investments of CN¥725.1M.
Key information
38.2%
Debt to equity ratio
CN¥753.53m
Debt
| Interest coverage ratio | 47.2x |
| Cash | CN¥725.14m |
| Equity | CN¥1.97b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥3.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300673's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥360.4M).
Long Term Liabilities: 300673's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥743.9M).
Debt to Equity History and Analysis
Debt Level: 300673's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 300673's debt to equity ratio has increased from 13.6% to 38.2% over the past 5 years.
Debt Coverage: 300673's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 300673's interest payments on its debt are well covered by EBIT (47.2x coverage).