Leshan Giantstar Farming&Husbandry Balance Sheet Health
Financial Health criteria checks 1/6
Leshan Giantstar Farming&Husbandry has a total shareholder equity of CN¥3.3B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are CN¥8.5B and CN¥5.2B respectively. Leshan Giantstar Farming&Husbandry's EBIT is CN¥245.3M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥480.2M.
Key information
90.3%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥480.20m |
| Equity | CN¥3.34b |
| Total liabilities | CN¥5.19b |
| Total assets | CN¥8.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603477's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 603477's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 603477's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: 603477's debt to equity ratio has increased from 28.8% to 90.3% over the past 5 years.
Debt Coverage: 603477's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 603477's interest payments on its debt are not well covered by EBIT (1.6x coverage).