Guoquan Food (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Guoquan Food (Shanghai) has a total shareholder equity of CN¥3.2B and total debt of CN¥69.2M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥4.4B and CN¥1.2B respectively. Guoquan Food (Shanghai)'s EBIT is CN¥323.7M making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥2.1B.
Key information
2.1%
Debt to equity ratio
CN¥69.18m
Debt
| Interest coverage ratio | -8.8x |
| Cash | CN¥2.12b |
| Equity | CN¥3.24b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥4.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2517's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 2517's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥92.5M).
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 (843.7%).
Interest Coverage: 2517 earns more interest than it pays, so coverage of interest payments is not a concern.