China Modern Dairy Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Modern Dairy Holdings has a total shareholder equity of CN¥11.8B and total debt of CN¥11.5B, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are CN¥31.4B and CN¥19.6B respectively. China Modern Dairy Holdings's EBIT is CN¥1.9B making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥2.0B.
Key information
97.1%
Debt to equity ratio
CN¥11.50b
Debt
| Interest coverage ratio | 4.1x |
| Cash | CN¥1.96b |
| Equity | CN¥11.84b |
| Total liabilities | CN¥19.55b |
| Total assets | CN¥31.39b |
Recent financial health updates
Is China Modern Dairy Holdings (HKG:1117) A Risky Investment?
Nov 14
We Think China Modern Dairy Holdings (HKG:1117) Is Taking Some Risk With Its Debt
Oct 06Is China Modern Dairy Holdings (HKG:1117) Using Too Much Debt?
May 08Is China Modern Dairy Holdings (HKG:1117) Using Too Much Debt?
Sep 10Recent updates
There May Be Some Bright Spots In China Modern Dairy Holdings' (HKG:1117) Earnings
May 06Calculating The Fair Value Of China Modern Dairy Holdings Ltd. (HKG:1117)
Mar 01Is There Now An Opportunity In China Modern Dairy Holdings Ltd. (HKG:1117)?
Feb 06Returns Are Gaining Momentum At China Modern Dairy Holdings (HKG:1117)
Jan 10Is China Modern Dairy Holdings (HKG:1117) A Risky Investment?
Nov 14Is It Time To Consider Buying China Modern Dairy Holdings Ltd. (HKG:1117)?
Aug 17Returns On Capital Are Showing Encouraging Signs At China Modern Dairy Holdings (HKG:1117)
Mar 29China Modern Dairy Holdings (HKG:1117) Is Experiencing Growth In Returns On Capital
Dec 28Should You Think About Buying China Modern Dairy Holdings Ltd. (HKG:1117) Now?
Dec 05We Think China Modern Dairy Holdings (HKG:1117) Is Taking Some Risk With Its Debt
Oct 06Returns At China Modern Dairy Holdings (HKG:1117) Are On The Way Up
Sep 20What Is China Modern Dairy Holdings Ltd.'s (HKG:1117) Share Price Doing?
Jul 29Returns At China Modern Dairy Holdings (HKG:1117) Are On The Way Up
May 23Is China Modern Dairy Holdings (HKG:1117) Using Too Much Debt?
May 08Is China Modern Dairy Holdings Ltd. (HKG:1117) Potentially Undervalued?
Apr 21China Modern Dairy Holdings Ltd. (HKG:1117) Shares Could Be 28% Above Their Intrinsic Value Estimate
Apr 05If You Like EPS Growth Then Check Out China Modern Dairy Holdings (HKG:1117) Before It's Too Late
Feb 28China Modern Dairy Holdings (HKG:1117) Is Looking To Continue Growing Its Returns On Capital
Jan 11Is Now The Time To Put China Modern Dairy Holdings (HKG:1117) On Your Watchlist?
Nov 16Is It Time To Consider Buying China Modern Dairy Holdings Ltd. (HKG:1117)?
Sep 30Is China Modern Dairy Holdings (HKG:1117) Using Too Much Debt?
Sep 10Returns On Capital Are Showing Encouraging Signs At China Modern Dairy Holdings (HKG:1117)
Aug 25Is Now The Time To Put China Modern Dairy Holdings (HKG:1117) On Your Watchlist?
Aug 09Why China Modern Dairy Holdings Ltd. (HKG:1117) Could Be Worth Watching
May 28China Modern Dairy Holdings Ltd. (HKG:1117) Shares Could Be 47% Below Their Intrinsic Value Estimate
Apr 19Some China Modern Dairy Holdings Ltd. (HKG:1117) Shareholders Look For Exit As Shares Take 32% Pounding
Mar 24Some Confidence Is Lacking In China Modern Dairy Holdings Ltd. (HKG:1117) As Shares Slide 32%
Mar 24China Modern Dairy Holdings Ltd.'s (HKG:1117) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 28If You Had Bought China Modern Dairy Holdings (HKG:1117) Stock A Year Ago, You Could Pocket A 168% Gain Today
Feb 02Should You Think About Buying China Modern Dairy Holdings Ltd. (HKG:1117) Now?
Jan 12Is There An Opportunity With China Modern Dairy Holdings Ltd.'s (HKG:1117) 44% Undervaluation?
Dec 25Financial Position Analysis
Short Term Liabilities: 1117's short term assets (CN¥6.9B) do not cover its short term liabilities (CN¥8.5B).
Long Term Liabilities: 1117's short term assets (CN¥6.9B) do not cover its long term liabilities (CN¥11.1B).
Debt to Equity History and Analysis
Debt Level: 1117's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: 1117's debt to equity ratio has reduced from 111.4% to 97.1% over the past 5 years.
Debt Coverage: 1117's debt is well covered by operating cash flow (47.4%).
Interest Coverage: 1117's interest payments on its debt are well covered by EBIT (4.1x coverage).