China Animal Husbandry Industry Balance Sheet Health
Financial Health criteria checks 4/6
China Animal Husbandry Industry has a total shareholder equity of CN¥6.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are CN¥9.0B and CN¥2.5B respectively. China Animal Husbandry Industry's EBIT is CN¥6.6M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥622.0M.
Key information
20.7%
Debt to equity ratio
CN¥1.34b
Debt
| Interest coverage ratio | -0.09x |
| Cash | CN¥622.00m |
| Equity | CN¥6.49b |
| Total liabilities | CN¥2.50b |
| Total assets | CN¥8.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600195's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600195's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥711.6M).
Debt to Equity History and Analysis
Debt Level: 600195's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 600195's debt to equity ratio has increased from 2.9% to 20.7% over the past 5 years.
Debt Coverage: 600195's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 600195 earns more interest than it pays, so coverage of interest payments is not a concern.