Jiujiuwang Food International Balance Sheet Health
Financial Health criteria checks 3/6
Jiujiuwang Food International has a total shareholder equity of CN¥408.3M and total debt of CN¥255.2M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are CN¥725.3M and CN¥317.1M respectively. Jiujiuwang Food International's EBIT is CN¥33.0M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥19.8M.
Key information
62.5%
Debt to equity ratio
CN¥255.17m
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥19.85m |
| Equity | CN¥408.27m |
| Total liabilities | CN¥317.06m |
| Total assets | CN¥725.33m |
Recent financial health updates
Recent updates
Jiujiuwang Food International Limited's (HKG:1927) Shareholders Might Be Looking For Exit
Aug 13
Here's Why Jiujiuwang Food International (HKG:1927) Is Weighed Down By Its Debt Load
Jun 04Optimistic Investors Push Jiujiuwang Food International Limited (HKG:1927) Shares Up 28% But Growth Is Lacking
Apr 15Jiujiuwang Food International (HKG:1927) Is Reinvesting At Lower Rates Of Return
Mar 12Jiujiuwang Food International's (HKG:1927) Soft Earnings Are Actually Better Than They Appear
Sep 28The Returns On Capital At Jiujiuwang Food International (HKG:1927) Don't Inspire Confidence
Aug 01The Returns On Capital At Jiujiuwang Food International (HKG:1927) Don't Inspire Confidence
Mar 15There Are Reasons To Feel Uneasy About Jiujiuwang Food International's (HKG:1927) Returns On Capital
Mar 16Jiujiuwang Food International Limited's (HKG:1927) Shares Lagging The Market But So Is The Business
Jul 26Financial Position Analysis
Short Term Liabilities: 1927's short term assets (CN¥392.3M) exceed its short term liabilities (CN¥220.0M).
Long Term Liabilities: 1927's short term assets (CN¥392.3M) exceed its long term liabilities (CN¥97.0M).
Debt to Equity History and Analysis
Debt Level: 1927's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: 1927's debt to equity ratio has reduced from 119% to 62.5% over the past 5 years.
Debt Coverage: 1927's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1927's interest payments on its debt are not well covered by EBIT (2.4x coverage).