ADAMA Balance Sheet Health
Financial Health criteria checks 2/6
ADAMA has a total shareholder equity of CN¥21.9B and total debt of CN¥20.1B, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are CN¥55.4B and CN¥33.5B respectively. ADAMA's EBIT is CN¥598.3M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥5.0B.
Key information
91.6%
Debt to equity ratio
CN¥20.07b
Debt
Interest coverage ratio | 0.8x |
Cash | CN¥5.04b |
Equity | CN¥21.92b |
Total liabilities | CN¥33.48b |
Total assets | CN¥55.41b |
Financial Position Analysis
Short Term Liabilities: 000553's short term assets (CN¥29.6B) exceed its short term liabilities (CN¥18.9B).
Long Term Liabilities: 000553's short term assets (CN¥29.6B) exceed its long term liabilities (CN¥14.6B).
Debt to Equity History and Analysis
Debt Level: 000553's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: 000553's debt to equity ratio has increased from 41.9% to 91.6% over the past 5 years.
Debt Coverage: 000553's debt is not well covered by operating cash flow (13%).
Interest Coverage: 000553's interest payments on its debt are not well covered by EBIT (0.8x coverage).