Stanley Agriculture GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Stanley Agriculture GroupLtd has a total shareholder equity of CN¥7.3B and total debt of CN¥824.4M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥12.3B and CN¥5.0B respectively. Stanley Agriculture GroupLtd's EBIT is CN¥531.3M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥3.1B.
Key information
11.2%
Debt to equity ratio
CN¥824.37m
Debt
Interest coverage ratio | -2.7x |
Cash | CN¥3.07b |
Equity | CN¥7.33b |
Total liabilities | CN¥4.97b |
Total assets | CN¥12.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002588's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 002588's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥857.1M).
Debt to Equity History and Analysis
Debt Level: 002588 has more cash than its total debt.
Reducing Debt: 002588's debt to equity ratio has reduced from 19.1% to 11.2% over the past 5 years.
Debt Coverage: 002588's debt is well covered by operating cash flow (138.1%).
Interest Coverage: 002588 earns more interest than it pays, so coverage of interest payments is not a concern.