Shandong Sino-Agri United BiotechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Sino-Agri United BiotechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥913.4M, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are CN¥3.7B and CN¥2.1B respectively.
Key information
57.8%
Debt to equity ratio
CN¥913.44m
Debt
Interest coverage ratio | n/a |
Cash | CN¥536.18m |
Equity | CN¥1.58b |
Total liabilities | CN¥2.11b |
Total assets | CN¥3.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003042's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 003042's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥502.2M).
Debt to Equity History and Analysis
Debt Level: 003042's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 003042's debt to equity ratio has increased from 57.5% to 57.8% over the past 5 years.
Debt Coverage: 003042's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: Insufficient data to determine if 003042's interest payments on its debt are well covered by EBIT.