China Shengmu Organic Milk Balance Sheet Health
Financial Health criteria checks 5/6
China Shengmu Organic Milk has a total shareholder equity of CN¥4.2B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CN¥8.5B and CN¥4.3B respectively. China Shengmu Organic Milk's EBIT is CN¥794.1M making its interest coverage ratio 33.7. It has cash and short-term investments of CN¥525.5M.
Key information
50.3%
Debt to equity ratio
CN¥2.13b
Debt
Interest coverage ratio | 33.7x |
Cash | CN¥525.46m |
Equity | CN¥4.24b |
Total liabilities | CN¥4.28b |
Total assets | CN¥8.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7OM's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 7OM's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 7OM's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 7OM's debt to equity ratio has reduced from 78.8% to 50.3% over the past 5 years.
Debt Coverage: 7OM's debt is well covered by operating cash flow (44.1%).
Interest Coverage: 7OM's interest payments on its debt are well covered by EBIT (33.7x coverage).