China Mengniu Dairy Balance Sheet Health
Financial Health criteria checks 4/6
China Mengniu Dairy has a total shareholder equity of CN¥50.7B and total debt of CN¥36.2B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are CN¥115.2B and CN¥64.6B respectively. China Mengniu Dairy's EBIT is CN¥5.5B making its interest coverage ratio -51.3. It has cash and short-term investments of CN¥13.7B.
Key information
71.5%
Debt to equity ratio
CN¥36.24b
Debt
| Interest coverage ratio | -51.3x |
| Cash | CN¥13.66b |
| Equity | CN¥50.65b |
| Total liabilities | CN¥64.57b |
| Total assets | CN¥115.22b |
Recent financial health updates
Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Apr 30
Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Sep 21China Mengniu Dairy (HKG:2319) Has A Pretty Healthy Balance Sheet
Nov 29Is China Mengniu Dairy (HKG:2319) A Risky Investment?
Aug 30These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well
Apr 02China Mengniu Dairy (HKG:2319) Seems To Use Debt Quite Sensibly
Dec 11Recent updates
China Mengniu Dairy Company Limited's (HKG:2319) Business Is Trailing The Market But Its Shares Aren't
Aug 05Here's What To Make Of China Mengniu Dairy's (HKG:2319) Decelerating Rates Of Return
Jul 14Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Apr 30China Mengniu Dairy Company Limited's (HKG:2319) Shares May Have Run Too Fast Too Soon
Mar 26The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence
Mar 06An Intrinsic Calculation For China Mengniu Dairy Company Limited (HKG:2319) Suggests It's 46% Undervalued
Jan 10China Mengniu Dairy Company Limited's (HKG:2319) Earnings Haven't Escaped The Attention Of Investors
Dec 26Investors Could Be Concerned With China Mengniu Dairy's (HKG:2319) Returns On Capital
Oct 31Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Sep 21China Mengniu Dairy Company Limited's (HKG:2319) Intrinsic Value Is Potentially 52% Above Its Share Price
Aug 07China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends
Jul 22Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 22% Discount?
May 07China Mengniu Dairy (HKG:2319) Will Be Hoping To Turn Its Returns On Capital Around
Apr 23China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger
Jan 21Is There An Opportunity With China Mengniu Dairy Company Limited's (HKG:2319) 42% Undervaluation?
Dec 29China Mengniu Dairy (HKG:2319) Has A Pretty Healthy Balance Sheet
Nov 29Returns At China Mengniu Dairy (HKG:2319) Appear To Be Weighed Down
Oct 14Are Investors Undervaluing China Mengniu Dairy Company Limited (HKG:2319) By 34%?
Sep 29Is China Mengniu Dairy (HKG:2319) A Risky Investment?
Aug 30China Mengniu Dairy (HKG:2319) Is Doing The Right Things To Multiply Its Share Price
Jun 30China Mengniu Dairy Company Limited (HKG:2319) Shares Could Be 45% Below Their Intrinsic Value Estimate
May 30These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well
Apr 02Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 21% Discount?
Feb 21China Mengniu Dairy (HKG:2319) Seems To Use Debt Quite Sensibly
Dec 11China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger
Nov 26Is China Mengniu Dairy (HKG:2319) A Risky Investment?
Sep 09China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends
Aug 22A Look At The Intrinsic Value Of China Mengniu Dairy Company Limited (HKG:2319)
Aug 03The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence
May 23Does This Valuation Of China Mengniu Dairy Company Limited (HKG:2319) Imply Investors Are Overpaying?
May 04Does China Mengniu Dairy (HKG:2319) Have A Healthy Balance Sheet?
Apr 19Financial Position Analysis
Short Term Liabilities: 2319's short term assets (CN¥34.1B) exceed its short term liabilities (CN¥32.6B).
Long Term Liabilities: 2319's short term assets (CN¥34.1B) exceed its long term liabilities (CN¥32.0B).
Debt to Equity History and Analysis
Debt Level: 2319's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 2319's debt to equity ratio has increased from 48.4% to 71.5% over the past 5 years.
Debt Coverage: 2319's debt is well covered by operating cash flow (23%).
Interest Coverage: 2319 earns more interest than it pays, so coverage of interest payments is not a concern.