China Animal Husbandry Industry Balance Sheet Health
Financial Health criteria checks 4/6
China Animal Husbandry Industry has a total shareholder equity of CN¥6.6B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥9.2B and CN¥2.5B respectively. China Animal Husbandry Industry's EBIT is CN¥206.9M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥1.2B.
Key information
23.6%
Debt to equity ratio
CN¥1.56b
Debt
Interest coverage ratio | -1.8x |
Cash | CN¥1.22b |
Equity | CN¥6.62b |
Total liabilities | CN¥2.53b |
Total assets | CN¥9.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600195's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 600195's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥983.2M).
Debt to Equity History and Analysis
Debt Level: 600195's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 600195's debt to equity ratio has increased from 1.8% to 23.6% over the past 5 years.
Debt Coverage: 600195's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 600195 earns more interest than it pays, so coverage of interest payments is not a concern.