Stanley Agriculture GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Stanley Agriculture GroupLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥834.3M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥12.4B and CN¥4.9B respectively. Stanley Agriculture GroupLtd's EBIT is CN¥687.6M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥3.0B.
Key information
11.2%
Debt to equity ratio
CN¥834.27m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥2.96b |
| Equity | CN¥7.47b |
| Total liabilities | CN¥4.89b |
| Total assets | CN¥12.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002588's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002588's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥856.2M).
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 17.6% to 11.2% over the past 5 years.
Debt Coverage: 002588's debt is well covered by operating cash flow (184.8%).
Interest Coverage: 002588 earns more interest than it pays, so coverage of interest payments is not a concern.