Beijing Sanfo Outdoor Products Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Sanfo Outdoor Products has a total shareholder equity of CN¥705.0M and total debt of CN¥176.0M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥1.1B and CN¥353.2M respectively. Beijing Sanfo Outdoor Products's EBIT is CN¥88.4M making its interest coverage ratio -27.1. It has cash and short-term investments of CN¥68.0M.
Key information
25.0%
Debt to equity ratio
CN¥175.98m
Debt
Interest coverage ratio | -27.1x |
Cash | CN¥67.98m |
Equity | CN¥705.02m |
Total liabilities | CN¥353.24m |
Total assets | CN¥1.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002780's short term assets (CN¥594.1M) exceed its short term liabilities (CN¥287.5M).
Long Term Liabilities: 002780's short term assets (CN¥594.1M) exceed its long term liabilities (CN¥65.8M).
Debt to Equity History and Analysis
Debt Level: 002780's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 002780's debt to equity ratio has reduced from 26.1% to 25% over the past 5 years.
Debt Coverage: 002780's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 002780 earns more interest than it pays, so coverage of interest payments is not a concern.