Jiangsu Lihua Animal Husbandry Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Lihua Animal Husbandry has a total shareholder equity of CN¥8.8B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are CN¥14.7B and CN¥6.0B respectively. Jiangsu Lihua Animal Husbandry's EBIT is CN¥1.0B making its interest coverage ratio 13.4. It has cash and short-term investments of CN¥961.0M.
Key information
26.9%
Debt to equity ratio
CN¥2.36b
Debt
| Interest coverage ratio | 13.4x |
| Cash | CN¥961.01m |
| Equity | CN¥8.79b |
| Total liabilities | CN¥5.96b |
| Total assets | CN¥14.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300761's short term assets (CN¥4.3B) do not cover its short term liabilities (CN¥5.2B).
Long Term Liabilities: 300761's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥738.7M).
Debt to Equity History and Analysis
Debt Level: 300761's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: 300761's debt to equity ratio has increased from 1.2% to 26.9% over the past 5 years.
Debt Coverage: 300761's debt is well covered by operating cash flow (99.7%).
Interest Coverage: 300761's interest payments on its debt are well covered by EBIT (13.4x coverage).