China Starch Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Starch Holdings has a total shareholder equity of CN¥3.9B and total debt of CN¥559.4M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥5.4B and CN¥1.4B respectively. China Starch Holdings's EBIT is CN¥151.1M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥899.8M.
Key information
14.2%
Debt to equity ratio
CN¥559.37m
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥899.83m |
| Equity | CN¥3.94b |
| Total liabilities | CN¥1.42b |
| Total assets | CN¥5.35b |
Recent financial health updates
Here's Why China Starch Holdings (HKG:3838) Can Manage Its Debt Responsibly
Apr 19
We Think China Starch Holdings (HKG:3838) Can Stay On Top Of Its Debt
Dec 02Is China Starch Holdings (HKG:3838) A Risky Investment?
Apr 27Recent updates
A Look At The Fair Value Of China Starch Holdings Limited (HKG:3838)
Mar 21Here's Why China Starch Holdings (HKG:3838) Has Caught The Eye Of Investors
Mar 01China Starch Holdings' (HKG:3838) Returns Have Hit A Wall
Nov 17Do China Starch Holdings' (HKG:3838) Earnings Warrant Your Attention?
Sep 25China Starch Holdings (HKG:3838) Has More To Do To Multiply In Value Going Forward
Jul 01Here's Why I Think China Starch Holdings (HKG:3838) Is An Interesting Stock
Jun 09Here's Why China Starch Holdings (HKG:3838) Can Manage Its Debt Responsibly
Apr 19China Starch Holdings (HKG:3838) Is Looking To Continue Growing Its Returns On Capital
Mar 18We Think China Starch Holdings (HKG:3838) Can Stay On Top Of Its Debt
Dec 02A Look At The Intrinsic Value Of China Starch Holdings Limited (HKG:3838)
Aug 16China Starch Holdings (HKG:3838) Shareholders Will Want The ROCE Trajectory To Continue
Jun 09Is China Starch Holdings (HKG:3838) A Risky Investment?
Apr 27Calculating The Intrinsic Value Of China Starch Holdings Limited (HKG:3838)
Apr 07Returns On Capital At China Starch Holdings (HKG:3838) Paint An Interesting Picture
Mar 11China Starch Holdings'(HKG:3838) Share Price Is Down 52% Over The Past Three Years.
Jan 11
Is China Starch Holdings (HKG:3838) Likely To Turn Things Around?
Dec 11How Much Does China Starch Holdings' (HKG:3838) CEO Make?
Nov 20Financial Position Analysis
Short Term Liabilities: 3838's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 3838's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥223.7M).
Debt to Equity History and Analysis
Debt Level: 3838 has more cash than its total debt.
Reducing Debt: 3838's debt to equity ratio has increased from 0.2% to 14.2% over the past 5 years.
Debt Coverage: 3838's debt is well covered by operating cash flow (73.9%).
Interest Coverage: 3838 earns more interest than it pays, so coverage of interest payments is not a concern.