Nongfu Spring Balance Sheet Health
Financial Health criteria checks 4/6
Nongfu Spring has a total shareholder equity of CN¥26.4B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥56.1B and CN¥29.7B respectively. Nongfu Spring's EBIT is CN¥14.5B making its interest coverage ratio -14.7. It has cash and short-term investments of CN¥19.0B.
Key information
14.6%
Debt to equity ratio
CN¥3.86b
Debt
| Interest coverage ratio | -14.7x |
| Cash | CN¥19.03b |
| Equity | CN¥26.40b |
| Total liabilities | CN¥29.66b |
| Total assets | CN¥56.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7NF's short term assets (CN¥24.0B) do not cover its short term liabilities (CN¥29.0B).
Long Term Liabilities: 7NF's short term assets (CN¥24.0B) exceed its long term liabilities (CN¥671.2M).
Debt to Equity History and Analysis
Debt Level: 7NF has more cash than its total debt.
Reducing Debt: 7NF's debt to equity ratio has increased from 4.1% to 14.6% over the past 5 years.
Debt Coverage: 7NF's debt is well covered by operating cash flow (385%).
Interest Coverage: 7NF earns more interest than it pays, so coverage of interest payments is not a concern.