Jiujiuwang Food International Balance Sheet Health
Financial Health criteria checks 3/6
Jiujiuwang Food International has a total shareholder equity of CN¥400.0M and total debt of CN¥256.1M, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are CN¥707.9M and CN¥307.9M respectively. Jiujiuwang Food International's EBIT is CN¥29.3M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥35.1M.
Key information
64.0%
Debt to equity ratio
CN¥256.06m
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥35.06m |
| Equity | CN¥399.96m |
| Total liabilities | CN¥307.91m |
| Total assets | CN¥707.87m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Jiujiuwang Food International Limited (HKG:1927) Shares Up 28% But Growth Is Lacking
Apr 15
Jiujiuwang 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¥363.3M) exceed its short term liabilities (CN¥164.2M).
Long Term Liabilities: 1927's short term assets (CN¥363.3M) exceed its long term liabilities (CN¥143.7M).
Debt to Equity History and Analysis
Debt Level: 1927's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 1927's debt to equity ratio has reduced from 133.1% to 64% over the past 5 years.
Debt Coverage: 1927's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 1927's interest payments on its debt are not well covered by EBIT (2.2x coverage).