Norsyn Crop Technology Balance Sheet Health
Financial Health criteria checks 5/6
Norsyn Crop Technology has a total shareholder equity of CN¥950.8M and total debt of CN¥98.0M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥1.4B and CN¥471.5M respectively. Norsyn Crop Technology's EBIT is CN¥46.5M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥408.2M.
Key information
10.3%
Debt to equity ratio
CN¥97.99m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥408.22m |
| Equity | CN¥950.80m |
| Total liabilities | CN¥471.50m |
| Total assets | CN¥1.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001231's short term assets (CN¥822.3M) exceed its short term liabilities (CN¥360.7M).
Long Term Liabilities: 001231's short term assets (CN¥822.3M) exceed its long term liabilities (CN¥110.8M).
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 9.7% to 10.3% over the past 5 years.
Debt Coverage: 001231's debt is well covered by operating cash flow (114.4%).
Interest Coverage: 001231 earns more interest than it pays, so coverage of interest payments is not a concern.