Rongfeng Holding GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Rongfeng Holding GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥267.7M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥2.1B and CN¥836.4M respectively.
Key information
21.1%
Debt to equity ratio
CN¥267.68m
Debt
Interest coverage ratio | n/a |
Cash | CN¥27.93m |
Equity | CN¥1.27b |
Total liabilities | CN¥836.38m |
Total assets | CN¥2.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000668's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥836.1M).
Long Term Liabilities: 000668's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥309.1K).
Debt to Equity History and Analysis
Debt Level: 000668's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 000668's debt to equity ratio has reduced from 89.1% to 21.1% over the past 5 years.
Debt Coverage: 000668's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000668's interest payments on its debt are well covered by EBIT.