China Mengniu Dairy Company Limited

DB:EZQ0 Stock Report

Market Cap: €10.2b

China Mengniu Dairy Balance Sheet Health

Financial Health criteria checks 3/6

China Mengniu Dairy has a total shareholder equity of CN¥51.1B and total debt of CN¥40.4B, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are CN¥116.7B and CN¥65.6B respectively. China Mengniu Dairy's EBIT is CN¥5.0B making its interest coverage ratio -226.7. It has cash and short-term investments of CN¥24.9B.

Key information

79.0%

Debt to equity ratio

CN¥40.39b

Debt

Interest coverage ratio-226.7x
CashCN¥24.88b
EquityCN¥51.12b
Total liabilitiesCN¥65.60b
Total assetsCN¥116.72b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EZQ0's short term assets (CN¥37.2B) do not cover its short term liabilities (CN¥37.7B).

Long Term Liabilities: EZQ0's short term assets (CN¥37.2B) exceed its long term liabilities (CN¥27.9B).


Debt to Equity History and Analysis

Debt Level: EZQ0's net debt to equity ratio (30.3%) is considered satisfactory.

Reducing Debt: EZQ0's debt to equity ratio has increased from 43.3% to 79% over the past 5 years.

Debt Coverage: EZQ0's debt is not well covered by operating cash flow (16.9%).

Interest Coverage: EZQ0 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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