Guoquan Food (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Guoquan Food (Shanghai) has a total shareholder equity of CN¥3.4B and total debt of CN¥80.3M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥4.7B and CN¥1.3B respectively. Guoquan Food (Shanghai)'s EBIT is CN¥315.7M making its interest coverage ratio -12. It has cash and short-term investments of CN¥1.7B.
Key information
2.4%
Debt to equity ratio
CN¥80.27m
Debt
| Interest coverage ratio | -12x |
| Cash | CN¥1.66b |
| Equity | CN¥3.38b |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥4.65b |
Financial Position Analysis
Short Term Liabilities: 2517's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 2517's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥105.0M).
Debt to Equity History and Analysis
Debt Level: 2517 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2517's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2517's debt is well covered by operating cash flow (845%).
Interest Coverage: 2517 earns more interest than it pays, so coverage of interest payments is not a concern.