ADAMA Balance Sheet Health
Financial Health criteria checks 3/6
ADAMA has a total shareholder equity of CN¥21.7B and total debt of CN¥17.6B, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are CN¥54.7B and CN¥33.0B respectively. ADAMA's EBIT is CN¥410.3M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥3.7B.
Key information
81.2%
Debt to equity ratio
CN¥17.59b
Debt
Interest coverage ratio | 0.6x |
Cash | CN¥3.71b |
Equity | CN¥21.66b |
Total liabilities | CN¥33.04b |
Total assets | CN¥54.70b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000553's short term assets (CN¥29.0B) exceed its short term liabilities (CN¥18.0B).
Long Term Liabilities: 000553's short term assets (CN¥29.0B) exceed its long term liabilities (CN¥15.0B).
Debt to Equity History and Analysis
Debt Level: 000553's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: 000553's debt to equity ratio has increased from 50.4% to 81.2% over the past 5 years.
Debt Coverage: 000553's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 000553's interest payments on its debt are not well covered by EBIT (0.6x coverage).