Juewei Food Balance Sheet Health
Financial Health criteria checks 6/6
Juewei Food has a total shareholder equity of CN¥6.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥9.4B and CN¥2.5B respectively. Juewei Food's EBIT is CN¥782.4M making its interest coverage ratio -48.6. It has cash and short-term investments of CN¥1.5B.
Key information
15.4%
Debt to equity ratio
CN¥1.06b
Debt
Interest coverage ratio | -48.6x |
Cash | CN¥1.51b |
Equity | CN¥6.89b |
Total liabilities | CN¥2.55b |
Total assets | CN¥9.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603517's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 603517's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥373.0M).
Debt to Equity History and Analysis
Debt Level: 603517 has more cash than its total debt.
Reducing Debt: 603517's debt to equity ratio has reduced from 34.4% to 15.4% over the past 5 years.
Debt Coverage: 603517's debt is well covered by operating cash flow (53%).
Interest Coverage: 603517 earns more interest than it pays, so coverage of interest payments is not a concern.