Shanghai Bright Meat Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Bright Meat Group has a total shareholder equity of CN¥7.3B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are CN¥13.8B and CN¥6.5B respectively.
Key information
31.0%
Debt to equity ratio
CN¥2.26b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.45b |
| Equity | CN¥7.30b |
| Total liabilities | CN¥6.51b |
| Total assets | CN¥13.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600073's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 600073's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥619.8M).
Debt to Equity History and Analysis
Debt Level: 600073 has more cash than its total debt.
Reducing Debt: 600073's debt to equity ratio has reduced from 37.1% to 31% over the past 5 years.
Debt Coverage: 600073's debt is well covered by operating cash flow (37.5%).
Interest Coverage: Insufficient data to determine if 600073's interest payments on its debt are well covered by EBIT.