Norsyn Crop Technology Balance Sheet Health
Financial Health criteria checks 5/6
Norsyn Crop Technology has a total shareholder equity of CN¥959.0M and total debt of CN¥130.5M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are CN¥1.3B and CN¥368.9M respectively. Norsyn Crop Technology's EBIT is CN¥45.8M making its interest coverage ratio -43.3. It has cash and short-term investments of CN¥516.9M.
Key information
13.6%
Debt to equity ratio
CN¥130.48m
Debt
Interest coverage ratio | -43.3x |
Cash | CN¥516.90m |
Equity | CN¥958.96m |
Total liabilities | CN¥368.94m |
Total assets | CN¥1.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001231's short term assets (CN¥805.3M) exceed its short term liabilities (CN¥243.3M).
Long Term Liabilities: 001231's short term assets (CN¥805.3M) exceed its long term liabilities (CN¥125.6M).
Debt to Equity History and Analysis
Debt Level: 001231 has more cash than its total debt.
Reducing Debt: 001231's debt to equity ratio has increased from 7.6% to 13.6% over the past 5 years.
Debt Coverage: 001231's debt is well covered by operating cash flow (97.3%).
Interest Coverage: 001231 earns more interest than it pays, so coverage of interest payments is not a concern.