COFCO Joycome Foods Balance Sheet Health
Financial Health criteria checks 4/6
COFCO Joycome Foods has a total shareholder equity of CN¥9.2B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are CN¥16.2B and CN¥7.0B respectively.
Key information
51.1%
Debt to equity ratio
CN¥4.73b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.18b |
Equity | CN¥9.25b |
Total liabilities | CN¥6.98b |
Total assets | CN¥16.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M7's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥6.3B).
Long Term Liabilities: 0M7's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥727.8M).
Debt to Equity History and Analysis
Debt Level: 0M7's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: 0M7's debt to equity ratio has reduced from 85.3% to 51.1% over the past 5 years.
Debt Coverage: 0M7's debt is well covered by operating cash flow (42.9%).
Interest Coverage: Insufficient data to determine if 0M7's interest payments on its debt are well covered by EBIT.