V V Food & BeverageLtd Balance Sheet Health
Financial Health criteria checks 5/6
V V Food & BeverageLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥354.1M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥4.5B and CN¥1.1B respectively. V V Food & BeverageLtd's EBIT is CN¥365.0M making its interest coverage ratio 95.7. It has cash and short-term investments of CN¥727.1M.
Key information
10.5%
Debt to equity ratio
CN¥354.06m
Debt
| Interest coverage ratio | 95.7x |
| Cash | CN¥727.12m |
| Equity | CN¥3.36b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600300's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥974.6M).
Long Term Liabilities: 600300's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥154.3M).
Debt to Equity History and Analysis
Debt Level: 600300 has more cash than its total debt.
Reducing Debt: 600300's debt to equity ratio has reduced from 131.4% to 10.5% over the past 5 years.
Debt Coverage: 600300's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 600300's interest payments on its debt are well covered by EBIT (95.7x coverage).