China Shengmu Organic Milk Balance Sheet Health
Financial Health criteria checks 3/6
China Shengmu Organic Milk has a total shareholder equity of CN¥4.1B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are CN¥8.1B and CN¥4.0B respectively. China Shengmu Organic Milk's EBIT is CN¥779.3M making its interest coverage ratio 37. It has cash and short-term investments of CN¥420.2M.
Key information
60.9%
Debt to equity ratio
CN¥2.49b
Debt
| Interest coverage ratio | 37x |
| Cash | CN¥420.22m |
| Equity | CN¥4.08b |
| Total liabilities | CN¥3.97b |
| Total assets | CN¥8.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7OM's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 7OM's short term assets (CN¥1.6B) do not cover its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 7OM's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: 7OM's debt to equity ratio has reduced from 71.8% to 60.9% over the past 5 years.
Debt Coverage: 7OM's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 7OM's interest payments on its debt are well covered by EBIT (37x coverage).