Namchow Food Group (Shanghai) Balance Sheet Health
Financial Health criteria checks 6/6
Namchow Food Group (Shanghai) has a total shareholder equity of CN¥3.4B and total debt of CN¥251.5M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CN¥4.2B and CN¥820.5M respectively. Namchow Food Group (Shanghai)'s EBIT is CN¥234.4M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.6B.
Key information
7.4%
Debt to equity ratio
CN¥251.48m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥1.59b |
| Equity | CN¥3.40b |
| Total liabilities | CN¥820.49m |
| Total assets | CN¥4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605339's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥759.6M).
Long Term Liabilities: 605339's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥60.9M).
Debt to Equity History and Analysis
Debt Level: 605339 has more cash than its total debt.
Reducing Debt: 605339's debt to equity ratio has reduced from 30% to 7.4% over the past 5 years.
Debt Coverage: 605339's debt is well covered by operating cash flow (112.3%).
Interest Coverage: 605339 earns more interest than it pays, so coverage of interest payments is not a concern.