China Agri-Products Exchange Balance Sheet Health
Financial Health criteria checks 3/6
China Agri-Products Exchange has a total shareholder equity of HK$2.1B and total debt of HK$1.3B, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are HK$4.6B and HK$2.6B respectively. China Agri-Products Exchange's EBIT is HK$143.5M making its interest coverage ratio 1.3. It has cash and short-term investments of HK$243.5M.
Key information
63.5%
Debt to equity ratio
HK$1.31b
Debt
| Interest coverage ratio | 1.3x |
| Cash | HK$243.54m |
| Equity | HK$2.07b |
| Total liabilities | HK$2.57b |
| Total assets | HK$4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHGN's short term assets (HK$1.7B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: RHGN's short term assets (HK$1.7B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: RHGN's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: RHGN's debt to equity ratio has reduced from 119.6% to 63.5% over the past 5 years.
Debt Coverage: RHGN's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: RHGN's interest payments on its debt are not well covered by EBIT (1.3x coverage).