Xinjiang GuannongLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang GuannongLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are CN¥6.3B and CN¥2.3B respectively. Xinjiang GuannongLtd's EBIT is CN¥200.0M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.8B.
Key information
32.3%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥1.76b |
| Equity | CN¥3.95b |
| Total liabilities | CN¥2.31b |
| Total assets | CN¥6.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600251's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 600251's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥421.6M).
Debt to Equity History and Analysis
Debt Level: 600251 has more cash than its total debt.
Reducing Debt: 600251's debt to equity ratio has reduced from 46.2% to 32.3% over the past 5 years.
Debt Coverage: 600251's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 600251 earns more interest than it pays, so coverage of interest payments is not a concern.