Hefei Fengle SeedLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hefei Fengle SeedLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥174.3M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥3.1B and CN¥1.0B respectively. Hefei Fengle SeedLtd's EBIT is CN¥40.0M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥223.2M.
Key information
8.6%
Debt to equity ratio
CN¥174.32m
Debt
Interest coverage ratio | -4.9x |
Cash | CN¥223.23m |
Equity | CN¥2.03b |
Total liabilities | CN¥1.04b |
Total assets | CN¥3.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000713's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥858.1M).
Long Term Liabilities: 000713's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥180.6M).
Debt to Equity History and Analysis
Debt Level: 000713 has more cash than its total debt.
Reducing Debt: 000713's debt to equity ratio has reduced from 12.6% to 8.6% over the past 5 years.
Debt Coverage: 000713's debt is well covered by operating cash flow (66.5%).
Interest Coverage: 000713 earns more interest than it pays, so coverage of interest payments is not a concern.